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Roderik Vrolijk and Soeradj Ramsanjhal in Global Legal Insights - FinTech Edition 2019

Roderik Vrolijk and Soeradj Ramsanjhal have contributed to the 2019 FinTech edition of Global Legal Insights (GLI), providing the Netherlands chapter.

Call of duty: Commission must state reasons when straying from its guidelines

The European Commission has lost a second battle concerning its EUR 15 million fine imposed upon interdealer broker ICAP, this time before the European Court of Justice.

Brand owners beware: Commission tough on cross-border sales restrictions

The European Commission recently imposed a EUR 6.2 million fine on Hello Kitty owner Sanrio for preventing its licensees from selling licensed merchandising products across the entire EEA.

General court dismisses all five appeals in the optical disk drives cartel

The General Court recently upheld a Commission decision finding that suppliers of optical disk drives colluded in bids for sales to Dell and HP by engaging in a network of parallel bilateral contacts over a multi-year period.

Stibbe advises EssilorLuxottica on the acquisition of Grandvision

Stibbe is advising EssilorLuxottica S.A. on the acquisition of a 76.7% stake in Grandvision N.V. from HAL Holding N.V., which will be followed by a mandatory offer for all company shares , resulting in a total transaction value of over EUR 7 billion.

Stibbe advises Centtrip

Stibbe advises Centtrip, one the UK's premier and most innovative fintech companies, on expanding into the European mainland by setting up a regulated electronic money institution in the Netherlands and its licence application with the Dutch Central Bank.

Dutch national police service liable for unlawful granting of firearms permit

In a recent decision (ECLI:NL:HR:2019:1409), the Supreme Court has decided that the Dutch national police force is liable for damage suffered by victims of a shooting which took place in a shopping centre in 2011; an event that shocked the Netherlands.

Wanted: fast solutions for fast-growing platforms

Dominant digital companies be warned: calls for additional tools to deal with powerful platforms in online markets are increasing.

No fine means no reason to appeal? Think again!

Whistleblowers who have had their fine reduced to zero may still have an interest in challenging an antitrust decision.

ECJ answers preliminary questions on jurisdiction in cartel damage case 

On 29 July 2019, the ECJ handed down a preliminary ruling concerning jurisdiction in follow-on damages proceedings in what is termed the trucks cartel.

Stibbe advises Macquarie and Siemens

Stibbe advised Macquarie in connection with their winning bid for the tender of the design, build, financing and maintenance (DBFM) of the A9 Badhoevedorp/Holendrecht Project.

Tackling Big Tech up-front? Time to stop thinking and start acting

Benelux competition authorities have published a joint memorandum on how best to keep up with challenges in fast-moving digital markets.

Safeguarding legal privilege: better safe than sorry?

The European Court of Justice recently ruled that the European Commission does not have to take additional precautionary measures to respect the right of legal professional privilege when conducting a new dawn raid at the same company.

Stibbe advises the Provinces

Stibbe advised the Province of South Holland, together with the Province of Flevoland and OV-Bureau Groningen/Drenthe, on the drafting of a cooperation agreement and the purchase of 60 zero-emission buses for use in public transport.

Stibbe advises Tiqets

Stibbe advised Tiqets on its Series C financing of $60 million led by Airbnb with continued support from prior lead investors HPE Growth Capital and Investion.

The ACM has to pay: moral damages awarded to real estate traders

The Dutch Authority for Consumers and Markets (ACM) needs to cough up a total of EUR 120,000 in moral damages to three real estate traders.

It's in the details: HSBC fine quashed for insufficient reasoning

The General Court annulled the EUR 33.6 million fine imposed on banking group HSBC for its participation in the euro interest rates derivatives cartel.

The postman will no longer ring twice: Minister unblocks postal merger

The Dutch Authority for Consumers and Markets (ACM) recently blocked postal operator PostNL's acquisition of its only national competitor, Sandd, because this would create "a monopolist on the postal delivery market".

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