Competition law cases 2021

  • What is the fine percentage for competition law?

    The fine is limited to 10% of the undertaking's overall annual turnover generated in the business year before the adoption of the decision.
    The undertaking is composed of the highest parent held liable and all its subsidiaries..

Jan 12, 2022As the cases below will demonstrate, getting on the wrong side of regulatory bodies such as the Competition & Markets Authority (CMA) and 
Jan 12, 2022Biggest Competition Law Fines of 20211. Google - £89m fine - Abuse of dominant position2. JPMorgan - £44m settlement - Market abuse3.

What are the principles in the competition law guidelines?

The principles in the guidelines are coherent with the proposed amendment to the competition law.
The guidelines illustrate anticompetitive practices related to digital platforms, such as:

  • anticompetitive agreements using data and algorithms on platforms to collect or exchange sensitive information.

    • What changes have been made to the competition law?

    The amendments have also introduced new categories of companies such as:

  • gatekeeper platforms or undertakings of paramount significance for competition across markets.
    Such companies would be subjected to greater scrutiny and be given more responsibilities to maintain the market in which they operate competitive and open to potential entry.

    • What mergers have EU competition lawyers seen in 2021?

    Several other mergers caught the eye of EU competition lawyers in 2021.
    First and foremost:

  • Google/Fitbit.
    Just before its Christmas holiday in 2020, the European Commission cleared Google’s acquisition of Fitbit subject to conditions (discussed on KCL here ).
    In 2021, it published the decision.

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