Global Competition Review

France’s Competition Authority has fined 12 companies €611 million for participating in a sprawling household appliance cartel – but SEB Group and Boulanger have vowed to appeal. https://lnkd.in/eTXYEDMC

New Zealand has issued its first-ever criminal cartel penalty, sentencing a company director that admitted to rigging bids for publicly-funded construction projects to six months community detention and 200 hours of community work. https://lnkd.in/eUbubKrM

A UK class representative seeking damages on behalf of app developers against Apple has warned against inconsistent outcomes ahead of a similar collective action claim set for trial in January. https://lnkd.in/eaYx6adf

Join co-chairs Eleanor Fox and Katrin Schallenberg for the 7th edition of GCR Live: Antitrust in the Digital Economy (https://lnkd.in/dDrMSb-V). The conference will allow you to examine current cases, stay ahead of the curve and network with industry experts. Thankyou to our sponsors: Venue partner - Paul Hastings Gold sponsors - Cornerstone Research, Docket Navigator & Keystone AI Supporting organisation - Lexology #GCRLive #Antitrust #DigitalEconomy

The UK government's clearance of Czech billionaire Daniel Křetínský's £3.6 billion acquisition of Royal Mail marks the first time a company has secured approval for up-front remedies amid an ongoing review under the National Security and Investment Act. https://lnkd.in/dPUV5dgu

At the 14th annual edition of GCR Live: Law Leaders Global (https://lnkd.in/ePuHNzjm), join 160+ government representatives, in-house counsel, private practitioners, academics, and economists.   The three-day conference is a great opportunity to stay in-the-loop in the antitrust and mergers landscape with 10 cutting-edge sessions, and to build meaningful connections with top minds with 12+ hours of networking opportunities, including a drinks reception.   View the agenda here: https://lnkd.in/e9Cf3VeS   Thank you to our sponsors: Platinum sponsor: Charles River Associates Drinks Reception Sponsor: McCarthy Tétrault Lunch sponsor: Paul, Weiss, Rifkind, Wharton & Garrison LLP Networking break sponsor: Axinn, Veltrop & Harkrider LLP Breakfast sponsor: Hogan Lovells Gold sponsors: Docket Navigator & Latham & Watkins Supporting Organisation: Lexology #GCRLive #Antitrust #Mergers

Google is facing a £5 billion class action from a competition law academic for allegedly overcharging UK-based advertisers “billions of pounds” for search advertising. https://lnkd.in/eTEyRBEP

TikTok faces an uphill battle to overturn an order requiring it to close its Canadian operations, but its challenge presents a rare opportunity for a court to assess the fairness of national security reviews, experts have said. https://lnkd.in/ezQrGyjq

Join an international cohort of leading names for the return of GCR Live: Cartels (https://lnkd.in/e8p9_reu). This is a fantastic opportunity to connect with your peers with over 2 hours of networking opportunities including a lunch and drinks reception to enhance your professional network. Thank you to our sponsors: Venue partner: WilmerHale Gold sponsor: Docket Navigator Supporting organisation: Lexology #GCRLive #CartelEnforcement #CompetitionLaw

The UK’s Competition and Markets Authority looks set to end 2024 without issuing a promised update on its AI foundation models work, with a paper on AI accelerator chips and a joint statement with the country’s data protection regulator still outstanding. https://lnkd.in/ezWSjHs7