Significant and wide-ranging new powers of investigation, intervention and enforcement are proposed to be given to the Irish Competition and Consumer Protection Commission (CCPC), under the Competition (Amendment) Act 2022.
Contact usIreland's long-awaited investment screening legislation was published earlier today. The Screening of Third Countries Investment Bill (the Bill), once enacted, will introduce a screening mechanism for foreign direct investment (FDI) into Ireland.
Corporate & M&AA new cartel leniency regime is set to be introduced in Ireland under the Competition (Amendment) Act 2022 (the 2022 Act), which will allow cartel members to benefit from reduced penalties by coming forward to the Competition and Consumer Protection Commission (CCPC) and admitting their wrongdoing.
EU, Competition & ProcurementOn 13 July 2022, the General Court of the European Union (the General Court) handed down its judgment in Case T-227/21 concerning an action brought by Illumina, Inc. (Illumina) and Grail LLC (Grail) to challenge the decision of the European Commission (the Commission) to review the acquisition of Grail by Illumina (the Transaction).
EU, Competition & ProcurementOn 21 July 2022, Ireland's Competition and Consumer Protection Commission (CCPC) announced that it has approved unconditionally the proposed acquisition by Permanent TSB plc (PTSB) of certain assets of Ulster Bank Ireland DAC (UBIDAC) (part of NatWest) after a Phase 2 investigation.
EU, Competition & ProcurementOn 30 June 2022, the Council and the European Parliament reached a provisional political agreement on the regulation on foreign subsidies distorting the EU’s internal market (the Regulation).
EU, Competition & ProcurementOn 30 June 2022, the Council and the European Parliament reached a provisional political agreement on the regulation on foreign subsidies distorting the EU’s internal market (Regulation).
EU, Competition & ProcurementNew cartel leniency programme in Ireland - Key points in the Act.
EU, Competition & ProcurementMerger control and the Competition (Amendment) Act 2022 - Key points in the Act.
EU, Competition & ProcurementLast month in Canon v Commission (Case T-609/19), the EU's General Court upheld the European Commission's €28m fine on Canon in 2019 for gun-jumping in relation to its two-step acquisition of Toshiba Medical Systems Corporation (TMSC).
Corporate & M&AOn 6 October 2021, the European Commission (Commission) invited Member State and all interested parties to comment on further amendments to the General Block Exemption Regulation (GBER) regarding aid measures for the green and digital transition.
EU, Competition & ProcurementDid you know that your business could well have a "vertical agreement"? Indeed, your business could be entirely dependent on so-called "vertical agreements".
EU, Competition & ProcurementOn 5 May 2022, the European Commission announced that it had authorised Italy, under EU State aid law, to operate a €119m scheme to support cabotage and other maritime services because of the impact of COVID-19.
EU, Competition & Procurement
