Over the last five years, mass litigation in the field of antitrust in Spain has rapidly increased. The so-called “Trucks Cartel Litigation” has generated thousands of judgements and dozens of…
Background
It has become usual in Spain’s FDI system for reforms to be introduced by measures formally unrelated to FDI. The latest reform is no exception and Articles 61 and 62 of Royal Decree Law…
On 21 October 2022 the Spanish CNMC imposed a fine of 38.9 million EUR on MERCK SHARP & DOHME DE ESPAÑA, S.A. and its parent company MSD HUMAN HEALTH HOLDING, B.V. (hereafter jointly ‘MSD’) for…
Almost two and a half years have passed since Spain’s Royal Decree Laws 8/2020, of 17 March, on extraordinary urgent measures to address the economic and social impact of COVID-19, 11/2020, of 31…
With the much-debated reforms to Act 19/2003, of 4 July, on capital movements (“Act 19/2003”), the Spanish foreign direct investment (“FDI”) regime has been expanded over the past few years. However…
2021 has been an eventful year for the competition law and policy landscape in Spain. Below we review the main developments and takeaways from the last year in the following areas: (i) institutions,…
Background
Another day, another ground-breaking change in Spain’s FDI rules. November 2021 has been an eventful month for FDI in Spain. The following two developments are likely to be consequential…
There is a lot of hype about the Spanish FDI regulations introduced by a number of Royal Decrees in 2020: fines of up to the value of the deal, non-controlling acquisition of shares can potentially…
It has been another exciting year in Spanish Merger Control. To the overarching importance of the pandemic, we have to add political appointments, more Phase II investigations and resort to…
The Spanish competition law landscape has been busy in 2020. Below we review the main developments and takeaways from the last year in the following areas: (i) institutions and legislation; (ii)…
