Competition

The Turkish Competition Board Clears the Acquisition for Sole Control of a Porcelain Producer by an American Private Equity Firm Following Divestment Commitments (Ferro/American Securities)

The Turkish Competition Board (“Board”) conditionally approved the acquisition of sole control over Ferro Corporation (“Ferro”) by American Securities LLC (“American Securities”) through its solely controlled affiliate ASP Prince Holdings Inc. (“Prince”). The Board determined that the transaction would result in the significant impediment of effective competition in the market for glass coatings for home appliances in Turkey. That being said, the Board conditionally approved the transaction subject to the commitments submitted by the parties to the European Commission (“Commission”) on the grounds that the commitments removed the entire horizontal overlap between the parties in the horizontally affected markets in Turkey.

Contemporary Dynamics of Dawn Raiding Powers of the Turkish Competition Authority: Current Status of a Debate on Concealment of Evidence

This case summary includes an analysis of the Ankara 2nd Administrative Court’s (“the Court of First Instance”) Sahibinden SoE decision (E. 2022/254, 15.04.2022) in which the Court of First Instance stays of execution of the Board’s decision where the Board imposed an administrative monetary fine on Sahibinden for hindering and complicating the on-site inspection as per Article 16 of the Law No 4054 on the Protection of Competition (“Law No 4054”) based on the grounds that the deleted WhatsApp messages did not contain business related issues and were still accessible from the other employees’ WhatsApp group (21-27/354-174, 27.05.2021).

Sorainen and Cobalt Successful for UAB Mezon and LRTC Before Supreme Administrative Court of Lithuania

Sorainen and Cobalt have successfully represented buyer UAB Mezon and seller Lietuvos Radijo ir Televizijos Centras, respectively, before the Supreme Administrative Court of Lithuania in a dispute against Telia Lietuva over the transfer of frequencies together with the sold Mezon business.

Austria: The (new) Copyright Contract Law

The Amendment of the Austrian Copyright Act fundamentally revised the Copyright contract law. An entire series of new provisions for the protection of authors was implemented. But what does this mean for (future) license holders? Let us take a look!

E+H Announces New Managing Partners and Management Board

E+H has announced a new management board, consisting of Partners Peter Winkler, Dieter Thalhammer, Alric Ofenheimer, Marco Steiner, and Jana Eichmeyer, with Thalhammer and Ofenheimer taking over operational management and serving as Managing Partners.

Olga Sipka Joins Kinstellar as Head of Competition and Compliance

Former Schoenherr Of Counsel Olga Sipka has joined Kinstellar as a Special Counsel and new Head of the local Competition and Compliance practice in Belgrade.