885 results 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. Consultatie concept Wetsvoorstel nadere beloningsmaatregelen financiële sector Op 5 juli 2019 opent de minister van Financiën een consultatie over het concept Wetsvoorstel beloningsmaatregelen financiële sector. Tevens meldt de minister aan de Kamer het afzien van de claw back wat eerder was voorgesteld tijdens een consultatie. 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. Stibbe represents KLM Catering Services and KLM Stibbe represented KLM Catering Services (KCS) and KLM in preliminary relief proceedings. As part of a national catering strike, KLM Catering Services employees walked out of work in order to achieve an improved collective labour agreement. 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. 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 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". Margrethe Vestager to play matchmaker between enforcement and regulation Current Competition Commissioner Margrethe Vestager may face even greater challenges in the next European Commission. Big tech firms entering banking: be careful what you wish for Big tech firms, whether entering or already active on payments markets, are under scrutiny. PSD2 has opened up the payments markets to non-bank companies, but this comes with both risks and opportunities. Pagination Previous page Page 41 Current page 42 Page 43 Page 44 Next page
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.
Consultatie concept Wetsvoorstel nadere beloningsmaatregelen financiële sector Op 5 juli 2019 opent de minister van Financiën een consultatie over het concept Wetsvoorstel beloningsmaatregelen financiële sector. Tevens meldt de minister aan de Kamer het afzien van de claw back wat eerder was voorgesteld tijdens een consultatie.
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.
Stibbe represents KLM Catering Services and KLM Stibbe represented KLM Catering Services (KCS) and KLM in preliminary relief proceedings. As part of a national catering strike, KLM Catering Services employees walked out of work in order to achieve an improved collective labour agreement.
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.
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 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".
Margrethe Vestager to play matchmaker between enforcement and regulation Current Competition Commissioner Margrethe Vestager may face even greater challenges in the next European Commission.
Big tech firms entering banking: be careful what you wish for Big tech firms, whether entering or already active on payments markets, are under scrutiny. PSD2 has opened up the payments markets to non-bank companies, but this comes with both risks and opportunities.