316 results Take note(s): Qualcomm’s EUR 1 billion dominance abuse fine quashed The General Court annulled the Commission’s EUR 1 billion fine imposed on Qualcomm for abuse of dominance on the LTE chipsets market. The next 5 years: European Commission launches New Consumer Agenda Despite the ongoing COVID-19 pandemic, the European Commission is already looking ahead to set its consumer protection priorities for the next five years. On the right track? GC sends mixed messages with Lithuanian Railways The essential facilities doctrine imposes on holders of indispensable facilities a duty to deal with their competitors. The Dutch Scheme – high flexibility in plan contents and possibility to affect group guarantees The Act on confirmation of private restructuring plans – which introduces a framework allowing debtors to restructure their debts outside formal insolvency proceedings (the “Dutch Scheme“) – was adopted by the Dutch Senate on 6 October 2020. Jurisdictional hide & seek: merger thresholds and buyer joint ventures Companies beware: the turnover of a joint venture buying a target is not necessarily decisive for determining whether the EU merger thresholds are met. Belgian prohibition on abuse of economic dependence comes into force and new fining guidelines In 2019, Belgium introduced legislation banning abuse in relationships between companies where there is no dominant position, but rather a position of economic dependence. The act entered into force on 22 August 2020. This article has FIVE stars! New Dutch consumer rules to curb fake reviews Consumers often rely on online reviews to decide what bike to buy, where to eat or what article to read. But what if those reviews are fake? New Dutch rules were announced on 23 October 2020 seeking to ensure a higher level of consumer protection online. General Court confirms: no proof, no dawn raid The Commission should think twice before conducting a dawn raid. The General Court partially annulled three Commission decisions ordering dawn raids at the premises of French supermarkets for a lack of sufficiently strong evidence. Stibbe advises Nuvei Corporation Stibbe has advised Nuvei Corporation, the global payment technology partner of thriving brands, on the acquisition of Smart2Pay. Rechtsmacht bij pauliana: Feniks-arrest leidt tot onvoorzienbaarheid In het arrest Feniks van 4 oktober 2018 heeft het Europees Hof van Justitie meer duidelijkheid geschapen over de vraag welke rechter internationaal bevoegd is in geval van een actio pauliana. Stibbe advises DeepOcean Group on its restructuring Stibbe is advising the DeepOcean group on its restructuring. The case involves the first use of the new “cross-class cram-down” mechanism under Part 26A of the UK Companies Act 2006. The Dutch scheme – Classes and voting The Act on confirmation of private restructuring plans – which introduces a framework allowing debtors to restructure their debts outside formal insolvency proceedings (termed the “Dutch Scheme“) – was adopted by the Dutch Senate on 6 October 2020. ACM study calls for regulation of Big Techs on payment market The ACM’s market study, published on 1 December 2020, provides an overview of recent and upcoming developments concerning the role of Big Tech companies in both online and offline payment markets in the Netherlands. Do the math: ACM publishes strategy on monitoring use algorithms The ACM worries that the use of algorithms may lead to the creation of cartels, or nudge consumers towards a purchasing decision that is not in their best interest. Amsterdam District Court puts a halt to unlimited forum shopping On 25 November 2020, the Amsterdam District Court (the Court) declined jurisdiction over all non-Dutch defendants (the foreign defendants) in proceedings for compensation of damage based partly on an infringement of Article 101 TFEU. Commission evaluates Antitrust Damages Directive: to be continued On 14 December 2020, the Commission published a report on the implementation of the Antitrust Damages Directive (the Directive). The Commission observes a significant increase in antitrust damages actions since the adoption of the Directive. (Geo)blockbuster: Canal+ ruling annuls commitment decision A heads-up for companies seeking to settle in antitrust proceedings: commercially-affected third party complainants are not to be ignored. Restructuring and Insolvency in the Netherlands Dutch insolvency law is constantly evolving. In their article in GRR’s Europe, Middle East and Africa Restructuring Review 2020, Job van Hooff and Sophie Beerepoot address a few topics and discuss their relevance for national and foreign debtors. Pagination Current page 1 Page 2 Page 3 Page 4 Next page
Take note(s): Qualcomm’s EUR 1 billion dominance abuse fine quashed The General Court annulled the Commission’s EUR 1 billion fine imposed on Qualcomm for abuse of dominance on the LTE chipsets market.
The next 5 years: European Commission launches New Consumer Agenda Despite the ongoing COVID-19 pandemic, the European Commission is already looking ahead to set its consumer protection priorities for the next five years.
On the right track? GC sends mixed messages with Lithuanian Railways The essential facilities doctrine imposes on holders of indispensable facilities a duty to deal with their competitors.
The Dutch Scheme – high flexibility in plan contents and possibility to affect group guarantees The Act on confirmation of private restructuring plans – which introduces a framework allowing debtors to restructure their debts outside formal insolvency proceedings (the “Dutch Scheme“) – was adopted by the Dutch Senate on 6 October 2020.
Jurisdictional hide & seek: merger thresholds and buyer joint ventures Companies beware: the turnover of a joint venture buying a target is not necessarily decisive for determining whether the EU merger thresholds are met.
Belgian prohibition on abuse of economic dependence comes into force and new fining guidelines In 2019, Belgium introduced legislation banning abuse in relationships between companies where there is no dominant position, but rather a position of economic dependence. The act entered into force on 22 August 2020.
This article has FIVE stars! New Dutch consumer rules to curb fake reviews Consumers often rely on online reviews to decide what bike to buy, where to eat or what article to read. But what if those reviews are fake? New Dutch rules were announced on 23 October 2020 seeking to ensure a higher level of consumer protection online.
General Court confirms: no proof, no dawn raid The Commission should think twice before conducting a dawn raid. The General Court partially annulled three Commission decisions ordering dawn raids at the premises of French supermarkets for a lack of sufficiently strong evidence.
Stibbe advises Nuvei Corporation Stibbe has advised Nuvei Corporation, the global payment technology partner of thriving brands, on the acquisition of Smart2Pay.
Rechtsmacht bij pauliana: Feniks-arrest leidt tot onvoorzienbaarheid In het arrest Feniks van 4 oktober 2018 heeft het Europees Hof van Justitie meer duidelijkheid geschapen over de vraag welke rechter internationaal bevoegd is in geval van een actio pauliana.
Stibbe advises DeepOcean Group on its restructuring Stibbe is advising the DeepOcean group on its restructuring. The case involves the first use of the new “cross-class cram-down” mechanism under Part 26A of the UK Companies Act 2006.
The Dutch scheme – Classes and voting The Act on confirmation of private restructuring plans – which introduces a framework allowing debtors to restructure their debts outside formal insolvency proceedings (termed the “Dutch Scheme“) – was adopted by the Dutch Senate on 6 October 2020.
ACM study calls for regulation of Big Techs on payment market The ACM’s market study, published on 1 December 2020, provides an overview of recent and upcoming developments concerning the role of Big Tech companies in both online and offline payment markets in the Netherlands.
Do the math: ACM publishes strategy on monitoring use algorithms The ACM worries that the use of algorithms may lead to the creation of cartels, or nudge consumers towards a purchasing decision that is not in their best interest.
Amsterdam District Court puts a halt to unlimited forum shopping On 25 November 2020, the Amsterdam District Court (the Court) declined jurisdiction over all non-Dutch defendants (the foreign defendants) in proceedings for compensation of damage based partly on an infringement of Article 101 TFEU.
Commission evaluates Antitrust Damages Directive: to be continued On 14 December 2020, the Commission published a report on the implementation of the Antitrust Damages Directive (the Directive). The Commission observes a significant increase in antitrust damages actions since the adoption of the Directive.
(Geo)blockbuster: Canal+ ruling annuls commitment decision A heads-up for companies seeking to settle in antitrust proceedings: commercially-affected third party complainants are not to be ignored.
Restructuring and Insolvency in the Netherlands Dutch insolvency law is constantly evolving. In their article in GRR’s Europe, Middle East and Africa Restructuring Review 2020, Job van Hooff and Sophie Beerepoot address a few topics and discuss their relevance for national and foreign debtors.