Focus Antitrust - 5 February 2020
In The News
European Commission fines NBCUniversal €14.3 million for territorial and customer sales restrictions
The European Commission has fined NBCUniversal €14.3million for restricting traders from selling licensed merchandise to territories and customers beyond those allocated to them. The restrictions concerned merchandise products featuring the Minions, Jurassic World and other images and characters from NBCUniversal's films. Click here.
CMA issues adverse provisional findings in relation to Prosafe/Floatel merger
The CMA has provisionally found that the Prosafe/Floatel merger raises competition concerns in relation to the supply of semi-submersible offshore accommodation support vessels to oil and gas companies. Its initial view is that blocking the merger may be the only way of addressing these concerns. Click here.
European Court of Justice issues judgment in relation to the CMA’s Paroxetine case
The European Court of Justice has issued its judgment in relation to the CMA’s Paroxetine case. The Competition Appeal Tribunal referred a number of questions to the Court as part of its consideration of appeals against the CMA’s decision and the case will now return to the Tribunal for final judgment. Click here.
- The CMA has published a provisional findings addendum as part of its investigation of the completed acquisitions by Bauer Media Group of certain businesses of Celador Entertainment Limited, Lincs FM Group Limited and Wireless Group Limited, as well as the entire business of UKRD Group Limited. Click here.
News & Insights
ICO issues British Airways with a ground-breaking fine
On 16 October 2020, The Information Commissioner’s Office (the “ICO”) imposed a monetary penalty notice fining British Airways .
The UAE’s recent laws on ultimate beneficial owners and economic substance
The UAE is ramping up measures to tackle tax avoidance and money laundering, the team look at two important new developments.