• The European Court of Justice has dismissed a further appeal against the European Commission’s pre-stressing steel cartel decision. Click here.
  • The European Commission has released German energy firm E.ON from commitments to reduce long-term bookings on the German gas grid almost five years ahead of schedule. The Commission considers that competition on the relevant market has now increased significantly. Click here.
  • The European Commission has accepted the commitments offered by Paramount in the cross-border pay-TV services case, which were consulted on in April 2016. Paramount has committed not to enforce or introduce contractual clauses that prevent broadcasters from accepting unsolicited requests for their pay-TV services from consumers located outside their licensed territory. Click here
  • The European Commission has formally accepted commitments to licence inputs for credit default swaps, offered separately by the International Swaps and Derivatives Association Inc and information service provider Markit. The Commission had concerns relating to the licensing of intellectual property that is needed to offer trading services on the market for credit default swaps and considers that the commitments will address these concerns. Click here.
  • The European Court of Justice has issued a judgment in relation to the liability of a company for anti-competitive actions committed by its service provider. The case concerned the actions of a legal adviser who acted for three participants in a tender and arranged for one of them to offer the most competitive price. The ECJ held that a company may be held liable in these circumstances if one of the following conditions is met: (i) the service provider was in fact acting under the direction or control of the company; (ii) the company was aware of the anti-competitive objectives pursued by its competitors and the service provider and intended to contribute to them by its own conduct; or (iii) the company could reasonably have foreseen the anti-competitive acts of its competitors and the service provider and was prepared to accept the risk which they entailed. Click here