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International Edition

Cleary recruits former Competition Commission chairman for City base

Cleary Gottlieb Steen & Hamilton has strengthened its London competition team with the hire of Peter Freeman QC, the former chairman of the Competition Commission. Freeman's arrival, which is scheduled for next month (1 November), will take the number of senior lawyers in the US firm's London competition practice to four. He will join the office as a senior consultant, working alongside partners Maurits Dolmans, Romano Subiotto QC and Nicholas Levy.
2 minute read

International Edition

King of the hill – will Chinese law firms monopolise local competition work?

In July, Nestle announced it had agreed to pay $1.7bn (£1.08bn) to acquire a controlling interest in Chinese candy company Hsu Fu Chi International. The proposed deal would be the largest-ever acquisition in China by a foreign multinational and would help the Vevey, a Switzerland-based food giant, cement its position in the world's most important growth market. If Nestle is able to pull the deal off, it may just have Susan Ning to thank, above all. Head of the antitrust group and a senior partner at King & Wood, Ning is aiming to guide Nestle around what is likely the biggest obstacle to its deal: China's three-year-old anti-monopoly law. The last time a large multinational attempted a similar acquisition – Coca-Cola's $2bn (£1.28bn) bid for China Huiyuan Juice Group in 2008 – the Chinese Ministry of Commerce (MOFCOM) shot it down on antitrust review.
6 minute read

International Edition

Jones Day continues Paris growth with hire of Latham competition partner

Jones Day has strengthened its French antitrust and competition law practice with a partner hire from Latham & Watkins. Eric Barbier de La Serre is set to join Jones Day's Paris office next month (19 October) as the second partner in its local antitrust and European law practice.
2 minute read

Legal Week

For whom the whistle blows - the rise of corporate whistle-blowing

Charlotte Edmond assesses the growing trend for competition watchdogs to pursue cases via corporate whistle-blowing
15 minute read

International Edition

Competition

An in depth look at moves to burn up the UK's competition regime, Cleary Gottlieb, Sullivan & Cromwell and Freshfields assess key antitrust developments, one former BA executive delivers a cautionary tale and a spotlight on the rise of corporate whistle-blowing
1 minute read

International Edition

A cautionary tale: how a competition law breach led to a jail term for one BA exec

It was while lying on my top bunk in a dormitory in a federal prison camp in Florida when I originally had the idea that my story could make executives sit up and listen and really bring compliance training to life.
6 minute read

International Edition

Missing the mark? - The Government's overhaul of the UK's competition regime

The Government tells us that the UK has a "world-class" competition regime. It is hard to know exactly what this means, but the underlying sentiment is clear: the UK regime is one of the best in the world at protecting and encouraging competition. Now we are told that it needs to get better still.
6 minute read

International Edition

Dealmaker: John Davies

Freshfields' head of competition on setting the room on fire and making a spine-tingling mistake
4 minute read

International Edition

Why it pays to come clean - the companies holding their hands up to competition breaches

In April of this year, the European Commission (EC) fined Procter & Gamble, Unilever and Henkel a total of €315.2m (£275m) for fixing the prices of laundry detergents in Europe. Procter & Gamble was fined €211.2m (£184m) and Unilever received a fine of €104m (£91m), while Henkel escaped penalty because it acted as the whistle-blower on the cartel. The case is an example of how perfectly legitimate, and even desirable, co-operation between competitors can go horribly wrong. In the late 1990s, the trade association representing the manufacturers of detergents in Europe launched an environmental initiative to promote sustainable consumption of laundry detergents by recommending manufacturers to reduce dosage and weight of their detergents as well as package sizes.
5 minute read

International Edition

For whom the whistle blows - the rise of corporate whistle-blowing

Charlotte Edmond assesses the growing trend for competition watchdogs to pursue cases via corporate whistle-blowing
7 minute read

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