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Failure to comply with EU or national competition law, whether through anti-competitive agreements or mergers or by abusing a dominant market position can result in high fines and other enforcement of imperative rules.
Provisions of agreements which breach certain competition rules are void and unenforceable which may lead to the entire agreement being unenforceable.
Therefore, determining whether a commercial deal is capable of being found to be anti-competitive (direct or indirect fixation of purchase or selling prices or other trading conditions, limit of production, agreement aiming at sharing the market or the sources of supply, application of dissimilar conditions to similar transactions placing other trading parties at a disadvantage, etc.) is vital.
Whether in case of allegations of breach or if they themselves are victims of anti-competition behavior from competitors, we offer pragmatic legal assistance to our clients during the entire lifecycle of a competition investigation.
Guilmot & Bassine also actively and constantly supports, partners and accompanies its clients during the whole process when notifying mergers and obtaining clearance from the regulators.