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ACM jumps on gun-jumping bandwagon

Companies involved in multi-step acquisitions should beware of potential gun-jumping risks. The ACM has fined a trade association for failing to notify the acquisition of four pharmacies involving a consecutive partial resale.

ECJ in Bpost and Nordzucker: clearer limits for non bis in idem

On 22 March 2022, the European Court of Justice (ECJ) offered companies investigated for the same conduct by several authorities clarity on the core principles of the application of the non bis in idem (double jeopardy) protection.

Stibbe advises The Hague, Staedion and Heijmans

Stibbe advises the Municipality of The Hague, Housing Association Staedion, and Heijmans on a major inner city restructuring in The Hague area, consisting of the (re)development of 5,500 houses, commercial real estate and public areas.

Luxembourg real estate levy: Compliance obligations for Luxembourg investment vehicles

As from 1 January 2021, a 20% real estate levy applies to real estate income derived by certain Luxembourg tax opaque investment vehicles owning directly, or indirectly through tax transparent entities, real estate assets located in Luxembourg.

De ‘terugkijktermijn’ knoopt aan bij de datum waarop de ernstige beroepsfout heeft plaatsgevonden

Het gerechtshof Den Haag heeft op 21 december 2021 een belangrijke uitspraak gedaan over de 'terugkijktermijn' van art. 2.87 lid 2 sub b Aw 2012 (ECLI:NL:GHDHA:2021:2487).

De Dataverordening (“Data Act”)

De Europese Commissie heeft op 23 februari 2022 de Europese dataverordening (“Data Act”) voorgesteld, die het delen van data beoogt te bevorderen. Steeds meer gegevens worden door mensen en machines gegenereerd, bewaard en hergebruikt.

Sustainability solutions sussed out soon

More antitrust clarity has arrived for companies involved in sustainability collaborations. The EC published draft revised rules on horizontal cooperation agreements and the ACM informally approved two green initiatives in the energy sector.

Employers beware: final warning for “job cartels”

Only months after suspending an investigation into a possible wage-fixing cartel, the Dutch Authority for Consumers and Markets (ACM) has warned employers, employers’ organisations, and trade associations to not engage in no-poach agreements. 

Pfizer may be off the hook, but ACM pharma supervision continues

Pharma companies beware: discount schemes by former patent owners raise red flags at competition authorities.

Duality on dual distribution resolved?

Nothing is more fickle than information exchange: it changes colour under EU competition rules depending on the nature of the relationship between the exchanging companies.

Getting the Deal Through – Cartel Regulation 2022

Roos Elemans, Stijn de Jong and Kaj Privé contributed to Getting the Deal Through – Cartel Regulation 2022. In their publication, they discuss important issues that apply to cartel regulation in the Netherlands.

Stibbe advises Patrizia 

Stibbe advised Patrizia on behalf of its pan-European residential fund “Living Cities” on the acquisition from Besix RED of Evenepoel Properties SA who owns the Viridis project. Besix RED will ensure the turnkey development until completion.

Elske Raedts

Counsel Amsterdam

Jacobijn Renken

Associate Amsterdam

Fleur de Wit

Associate Amsterdam

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.

Update FAQ: Gevolgen van het Didam-arrest voor de verkoop van onroerende zaken door overheden

Op 18 maart 2022 heeft de Rechtbank Midden-Nederland zich uitgelaten over de vraag of de gemeente Nieuwegein uitvoering mocht geven aan een onderhands tot stand gekomen koopovereenkomst met betrekking tot een onroerende zaak.

New double tax treaty concluded between Luxembourg and the United Kingdom: changes ahead

Luxembourg and the United Kingdom signed a new Double Tax Treaty on 7 June 2022 which includes several changes that might have an effect on investments involving the two jurisdictions.

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