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The new VBER is here! Time to update your distribution agreements

The new Vertical Block Exemption Regulation (VBER) entered into force on 1 June 2022. The new VBER is stricter on dual distribution and across-platform retail parity obligations than the old one, but is more lenient towards active sales and online sales r

Park your parking structures: EU Court upholds Canon’s gun jumping fine

Companies involved in M&A transactions had better think twice before temporarily parking a target undertaking with an interim buyer.

AG Emiliou: careful treading in hybrid cartel procedures

On 12 May 2022, Advocate General (AG) Emiliou delivered his Opinion proposing that the European Court of Justice (ECJ) dismiss HSBC’s appeal.

Are you ready for the new Dutch and EU transactional hurdles?

Companies beware: new Dutch and EU transactional hurdles are coming closer. In the Netherlands, new national security investment screening rules are imminent.

Elske Raedts new counsel at Stibbe

We are pleased to announce that Elske Raedts will be joining Stibbe’s Amsterdam office as counsel. Her appointment as from 1 May 2022 will further strengthen our leading competition practice.

Stibbe assists AUNA S.A.

Stibbe assisted AUNA S.A. in identifying and addressing all Luxembourg legal aspects linked to its $360 million U.S. initial public offering of 30,000,000 Class A ordinary shares.

Landmark ECJ ruling: subsidiary liability in follow-on cartel cases

On 6 October 2021, the European Court of Justice issued a landmark judgment in the Sumal case.

Dust off your dawn raid manuals: the heat is (back) on

Companies should brace themselves for multiple multi-jurisdictional dawn raids over the coming months.

Evidentiecriterium door de Afdeling ontgroend: weigering om terug te komen van boete evident onredelijk

De Afdeling oordeelt in haar uitspraak van 28 april 2021 (ECLI:NL:RVS:2021:908) voor de eerste keer expliciet dat een weigering om van een in rechte onaantastbaar besluit terug te komen evident onredelijk is.

BRRD II implementation in the Netherlands

Recently, the Dutch bill for the implementation of BRRD II establishing a framework for the recovery and resolution of credit institutions and investment firms, as amended by Directive in the Netherlands was submitted to Dutch Parliament.

Vervolgonderzoek van de AFM naar incidentmeldingen door asset managers

Sinds de uitbraak van het coronavirus wordt ook in de financiële sector meer op afstand samengewerkt. Dat brengt specifieke risico’s met zich mee.

Court of Appeal provides guidance for further course of proceedings in prestressing steel litigation

On 27 July 2021, the Court of Appeal of Den Bosch issued an interim judgment in the Dutch prestressing steel litigation, ruling on three issues.

ACM walks the walk: first-ever vertical price coordination fine

The Dutch Competition Authority (“ACM”) has claimed a first victim in its vertical restraints battle. Samsung Electronics was fined nearly EUR 40 million for having meddled in the online resale prices for televisions at seven retailers.

Commission reveals first piece of antitrust sustainability puzzle

The European Commission has published a Policy Brief setting out its preliminary views on how to fit the European Green Deal’s sustainability goals into the EU competition rules.

Commission’s record fine for gun jumping upheld

Pre-closing covenants protecting the target’s value or commercial integrity pending merger clearance from the European Commission must be drafted carefully.

Vanaf 1 oktober strengere regelgeving voor verkoop van turbo’s aan particuliere beleggers

Turbobeleggers nemen veel risico’s en verliezen gemiddeld veel geld. De AFM vindt dat particuliere beleggers onvoldoende beschermd worden tegen de risico’s van turbo’s. De verkoop van turbo’s aan deze beleggers wordt daarom aan banden gelegd.

Rein van Helden

Partner London

Lucie Thébault

Professional Support Lawyer Brussels

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