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  1. Competition
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Who Represents Who

Find out which law firms are representing which Competition clients in Switzerland using The Legal 500's new comprehensive database of law firm/client relationships. Instantly search over 925,000 relationships, including over 83,000 Fortune 500, 46,000 FTSE350 and 13,000 DAX 30 relationships globally. Access is free for in-house lawyers, and by subscription for law firms. For more information, contact david.burgess@legal500.com.

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Homburger’s practice covers Swiss and European competition and antitrust law, as well as contractual matters, compliance and representation before commissions and courts. The team represented car importeur AMAG Automobil- und Motoren in three investigation proceedings before the Swiss Competition Commission regarding its distribution network, leasing and financing as well as alleged price-fixing, and successfully obtained merger clearance for Axel Springer and Ringier. Other clients include Booking.com, ChemChina and Clariant. Team lead Franz Hoffet is supported by key partner Marcel Dietrich.

Lenz & Staehelin’s competition practice is ‘of truly outstanding excellence in every respect’ and ‘one of the best in Switzerland’ due to its ‘very dedicated team of lawyers’ and ‘strong commitment to client service’. The team provides expertise in merger control, leniency and compliance, and also represents clients in dispute resolution, dawn raid, cartel investigation and merger prohibition appeal situations. A recent highlight was the representation of Colgate Palmolive before the Swiss Federal Supreme Court in a CHF5m vertical and horizontal restrictions case relating to Elmex toothpaste. Swisscom and its affiliates CT Cinetrade and Teleclub are other active clients. Marcel Meinhardt is ‘one of the top leading experts in competition and antritrust law’, who ‘focuses on results and the specific requirements of each situation’ and possesses ‘first-rate theoretical and practical knowledge’. Also recommended are the ‘experienced, analytic and business-mindedAstrid Waser and ‘brilliant, no-nonsense’ counsel Felix Prümmer. Benoît Merkt is the head of the three-partner team in Geneva.

Considered ‘one of the go-to firms in Switzerland’, Schellenberg Wittmer Ltd impresses with ‘very short response times, excellent business acumen and proactivity’. The practice focuses particularly on investigations, Commission proceedings, appeals, leniencies and dawn raids, while also advising clients on their compliance programs. Recent highlights include the handling of all merger control and antitrust aspects of the merger between Postfinance’s and SIX’s mobile payment operators TWINT and Paymit and representing Husqvarna in a resale price investigation by the Swiss competition authority regarding robotic lawn mowers. Upc cablecom and Warner Music are other active clients. The ‘experiencedDavid Mamanealways provides spot-on, relevant advice’ and ‘gets the job done with little hassle’. Jürg Borer left to establish Borer Attorneys at Law.

Walder Wyss Ltd provides advice on merger control, compliance, antitrust law, distribution law and investigations. The practice represented Swisscom in an appeal proceeding before the Swiss Federal Supreme Court regarding a CHF186m fee resulting from an alleged price squeeze in the broadband market. An important merger control case was handled for Ticketcorner and its partner Starticket. Other active clients are Migros and Swisscom. Reto Jacobs and managing associate Gion Giger are the main advisers. Roger Staub joined with a three-lawyer team from Froriep in January 2017.

Baker McKenzie focuses on merger control, as well as cartel, vertical, abuse of dominance and compliance investigations. The team represented Schweizerische Drahtziegelfabrik and Zinctec in a price collusion investigation before the Swiss Competition Commission and further supported Selecta with its group-wide compliance program. Estée Lauder is another active client and Aduno Gruppe retained the group for merger control and competition law advice. Philippe Reich and Hubert Gilliéron are the team leads in Zurich and Geneva, respectively. Boris Wenger and two associates joined from Froriep in October 2016.

Bär & Karrer Ltd. covers cartel and abuse of dominance investigations, as well as antitrust matters. Recent highlights include advising PSA on competition law aspects of its acquisition of Opel and Vauxhall. Ralph Lauren, Credit Suisse and Fluxys are other active clients. Mani Reinert is the main contact.

CMS‘ ‘renowned competition practice’ is backed up by ‘a huge international network with many highly qualified experts in every field of law’.delivers ‘top-notch client service’ and has an ‘excellent reputation in investigations’: The group focuses on representing clients in administrative proceedings, merger control cases as well as on the establishment of antitrust compliance programs: recent highlights include assisting Sunrise Communications with merger control issues regarding its sale of Swiss Towers. Apart from team lead Patrick Sommer, the ‘business-mindedMarquard Christen is the main adviser, who offers ‘superb, convincing advice’, ‘profound knowledge of antitrust law’ and has a ‘complex readiness of mind’. Further recommended is the ‘impressive’ Pascal Favre, as well as ‘tough negotiatorAlain Raemy.

Kellerhals Carrard provides ‘fast, above-average service and pragmatic, comprehensible solutions which are focused on the clients’ needs’. The practice represents companies in cartel and abuse of dominance investigations, handles merger filings, conducts compliance audits and also works on authority claims in relation to pricing. A recent highlight was the merger control filing in Switzerland for the joint venture between Deutsche Telekom and Orange. The team further represents HCI Solutions in an investigation relating to abuse of dominance, which is currently in its appeal stage before the FAC. The Swiss Football League is another active client. ‘Highly experienced and perceptive’ practice lead Daniel Emch is recommended and Daniel Lengauer is another name to note.

Meyerlustenberger Lachenal Ltd (MLL) has ‘a good grasp of international competition issues’ and apart from acting in proceedings before the Swiss Competition Commission, the ‘reliable’ practice ‘is also able to intervene before national courts and achieve good results’; the general focus lies on merger control filings, investigations, antitrust compliance and distribution agreements. Notably, the team represented Cousins Material House in an abuse of dominance claim against Swatch before the Federal Supreme Court. The ‘excellent’ and ‘well-connectedMario Strebel, who has ‘in-depth knowledge’ and ‘strives to provide his clients with practical guidance’, joined from Lenz & Staehelin. Other key lawyers are the ‘pragmaticChristophe Rapin in Geneva and the ‘experiencedSimon Holzer in Zurich.

Responsive’ firm Niederer Kraft & Frey AG delivers ‘comprehensive advice’ and ‘has a constant focus on client strategy and objectives’; clients also appreciate the ‘extensive experience in antitrust matters and the firm’s access to authorities’. The group is advising Birchmeier Hoch- und Tiefbau on a commission investigation and a related leniency application. FIFA is another key client. ‘Terrific team player’ Nicolas Birkhäuser heads the practice, which also includes Thomas Frick.

Pestalozzi handles antitrust, competition and trade matters, which involve merger control, leniency applications, litigation, investigations, cartel cases, compliance programs and state aid. The practice represented Mizuho Financial Group during a LIBOR and TIBOR investigation and further advised state-owned EKZ on the acquisition of shares in Repower and the connected merger notifications. The ‘accurateChristoph Lang has ‘an excellent grasp of the local competition environment’ and provides ‘high-quality, commercial advice’.

Prager Dreifuss AG is recommended for providing ‘immediate answers’ and a ‘very good local network’. The ‘carefully considerate and politically clever’ Philipp Zurkinden in Bern is the main contact; he focuses on cartel, abuse of dominance and merger control matters. Skywork Airlines is a new client, while the group is also representing Tamedia and its affiliate Starticket in a long-term abuse of dominance investigation, which is in its appeal stage before the Federal Supreme Court.

Vischer handles cartel, abuse of dominance and antitrust investigations, as well as related leniency applications, non-contentious merger notifications and compliance programs. Team lead Klaus Neff is representing Immer AG in its appeal before the Federal Administrative Court related to a sanction imposed on the client for participating in a cartel in the door component sector. Another highlight was the merger control advice provided to Bâloise and Basler Leben related to its acquisition of a majority shareholding in Pax Anlage.

Wenger & Vieli‘s ‘renowned’ competition practice is ‘known for its ability to understand its clients’ businesses and needs and to provide tailored, practical and high-quality advice’. The group exhibits particular expertise in Swiss cartel law, merger control filings, cartel investigations and related compliance programs and recently represented a foreign air cargo company in an international law infringement case. In other work, the team is advising an e-bike company on an antitrust investigation concerning its selective distribution system. Urs Weber-Stecher and Frank Scherrer are the key partners; and ‘well-connected’ senior associate Michael Tschudincombines a profound knowledge of Swiss and European law with strong analytical skills and a deep understanding of commission and administrative court proceedings’.

Wenger Plattner focuses on competition and cartel law, including distribution agreements, compliance programs and merger control cases. Another key area is the representation of clients in court and before authorities as well as legal support in connection with dawn raids. Fritz Rothenbühler is the main contact and Dieter Gränicher offers expertise in trade and distribution matters.

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Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Switzerland

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 17 February 2017: Auris Medical's Public Equity Offering

    Auris Medical Holding AG (NASDAQ: EARS) issued and priced its public offering of 10,000,000 common shares and 10,000,000 warrants, each warrant entitling its holder to purchase 0.70 of a common share.  The common shares and warrants are being sold in units comprised of one common share and one warrant at the public offering price of USD 1.00 per unit. The warrants will be immediately exercisable at a price of USD 1.20 per common share and are exercisable for five years. In connection with the offering, the Company has granted the underwriter a 30-day option to purchase up to 1,500,000 additional common shares and/or 1,500,000 additional warrants at the public offering price less underwriting discounts. The offering is expected to close on or about February 21, 2017, subject to customary closing conditions. Roth Capital Partners is acting as sole book-running manager in the offering. Maxim Group LLC is acting as a financial advisor in the offering.
  • 16 February 2017: Credit Suisse successfully launched its new subsidiary Credit Suisse (Switzerland)

    Credit Suisse (Switzerland) Ltd. was incorporated with the purpose to be organized as a Swiss bank. It is a wholly owned subsidiary of Credit Suisse AG. The transfer of assets and liabilities according to Swiss merger law became effective on 20 November 2016. The transfer was aimed to evolve the legal entity structure of the Credit Suisse Group to meet regulatory requirements for systematically important banks.
  • 14 February 2017: BASF acquires Rolic Group

    BASF acquires Rolic, a Swiss based group offering innovative and forward-thinking solutions, particularly in the display and security industries as well as the optical film business.
  • 15 February 2017: gategroup CHF 300 mio. bond issuance

    gategroup successfully raised CHF 300 million through the issuance of a fixed rate 5-year senior bond with a final maturity on February 28, 2022. The bond with a coupon of 3% p.a. has been issued by gategroup Finance (Luxembourg) S.A. and is guaranteed by its parent company gategroup Holding AG. gategroup will apply for the listing of the new bond on the SIX Swiss Exchange.
  • 17 February 2017: RWS acquires LUZ, Inc.

    RWS Holdings plc, a world leading provider of intellectual property support services (patent translations, international patent filing solutions and searches), commercial translations and linguistic validation, has completed the acquisition of 100% of LUZ, Inc., a market leading Life Sciences language services provider based in San Francisco, for a cash consideration of USD82.5m.
  • 17 February 2017: Cembra Money Bank acquires invoice financing provider SWISSBILLING SA

    Cembra Money Bank has reached an agreement to acquire 100% of the shares of SWISSBILLING. The transaction is expected to close within the first quarter of 2017. The transaction consideration was below CHF 10 million and is expected to have a negative impact of 0.1% on the Group’s CET1 ratio as at closing.
  • 7 February 2017: TPF closes private offering and bank financing

    Transports publics fribourgeois Trafic (TPF TRAFIC) SA closed the financing of its maintenance and exploitation centre in the canton of Fribourg. The financing was partly made through a CHF 40 mio. private placement, a CHF 32 mio. secured bank loan and a CHF 55 mio. unsecured bank loan.
  • 3 February 2017: Migros acquires Tipesca

    The Migros Group, through Mérat & Cie. SA, has acquired Tipesca SA, a company incorporated in the canton of Tessin. Tipesca offers a wide range of fish products.
  • 24 January 2017: Sharp Corporation and Skytec Group Limited enter into strategic business alliance

    Japan-based Sharp Corporation, part of Taiwan’s Foxconn Group, enters into a strategic business alliance with Skytec Group Limited (“Skytec”) regarding the manufacture and sale of Sharp branded products and services in Europe. For that purpose, Sharp acquires a majority stake of 56.7% in the newly incorporated joint venture Skytec UMC Ltd.
  • 25 January 2017: Zug Estates CHF 100 mio. Bond

    Zug Estates Holding AG (SIX: ZUGN) has successfully issued its first CHF 100 mio. fixed-interest bond with a 0.7% coupon and a 5-year maturity.

Press Releases in Switzerland

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • Bär & Karrer advises Coresystems FSM on the takeover by SAP (Schweiz)

    The software company SAP bought all shares of Coresystems FSM AG. Coresystems FSM develops and runs workforce-management software based on a Crowd Service platform which uses artificial intelligence and allows finding available field-service technicians in real time.
  • Bär & Karrer Strengthens its M&A and Banking Practice with two new Partners

    Bär & Karrer is pleased to announce that it further strengthens its M&A and banking practice with new partners Martin Anderson and Frédéric Bétrisey. They will join the firm with their team of associates as of 1 August 2018.
  • Bär & Karrer Advises XO Holding on Sale of Priora FM to ENGIE

    XO Holding AG sold Priora FM SA, a leading Swiss facility management company, to ENGIE Energy Services International S.A., a subsidiary of ENGIE SA, which is listed on the Euronext exchange in Paris and Brussels.
  • Bär & Karrer Advised Andermatt Swiss Alps on the Sale of Real Estate Portfolio and Establishment of

    Andermatt Swiss Alps Ltd has successfully completed a transaction comprising a real estate portfolio sale to Taurus Andermatt Ltd, a newly established real estate joint venture. The portfolio consists of 25 properties located in the Holiday Village Andermatt Reuss in Andermatt (Switzerland). Andermatt Swiss Alps will participate in future sales profits exceeding the list price of the properties.
  • Bär & Karrer Advises the Banking Syndicate in the IPO of Polyphor

    Polyphor Ltd, a clinical-stage biopharmaceutical company focused on the discovery and development of innovative antibiotics and other specialty pharma products, successfully priced its IPO and listed its shares on the SIX Swiss Exchange. Trading in the shares started on 15 May 2018. The shares were priced at the upper end of the price range, resulting in gross proceeds of CHF 165 million. The IPO of Polyphor is considered the largest biotech IPO in Switzerland in over 10 years and one of the top three in Europe within the last three years in terms of proceeds raised by an issuer in order to finance the development of its pipeline.
  • Bär & Karrer Advises Saint-Gobain in connection with the Takeover Battle over Sika

    This morning, Sika and Saint-Gobain have announced the signing of agreements which terminates all disputes around the purchase by Saint-Gobain of a controlling stake in Sika dated 5 December 2014.
  • Bär & Karrer Advised Vyaire Medical on its Acquisition of imtmedical ag

    Vyaire Medical, Inc., a global leader in respiratory care, completed the acquisition of all shares in imtmedical AG, a Swiss company, which is a developer, manufacturer and distributor of mechanical ventilation products.
  • Bär & Karrer Advises CEVA Logistics on its IPO, the anchor investment by CMA CGM and its migration

    CEVA Logistics, one of the world's leading third-party logistics companies, successfully priced its IPO and listed its shares on the SIX Swiss Exchange, where trading commenced on 4 May 2018. With a market capitalization of CHF 1.6 billion and generating gross proceeds of CHF 821 million, this is so far considered as the largest IPO on the SIX Swiss Exchange for 2018. In addition, CMA CGM, the third largest container shipping group in the world, has committed to make a strategic cornerstone investment in CEVA Logistics by purchasing CHF 379 million of mandatory convertible securities which will convert into shares of CEVA Logistics once certain regulatory approvals have been obtained. Simultaneously with the IPO, CEVA Holdings, the former holding company of the CEVA group, migrated from the Marshall Islands to Switzerland by way of a cross-border merger with CEVA Logistic as the surviving company.
  • Bär & Karrer Advises on the Financing of the Largest Thermoelectric Plant in Latin America

    Centrais Elétricas de Sergipe S.A. (CELSE) has successfully issued bonds for approx. USD 1 billion equivalent in local currency at a fixed, long-term rate in international capital markets. The innovative bond issue is guaranteed by the Swiss Export Risk Insurance (SERV), the export credit agency of Switzerland. The bonds are part of a financial package to finance the development, design, construction, operation and maintenance of a thermoelectric power plant by CELSE in the state of Sergipe in the northeast region of Brazil. Besides the bond issue for approx. USD 1 billion, the transaction includes a USD 200 million loan from the International Finance Corporation and a financial package of the Inter-American Development Bank in the amount of approx. USD 300 million. Once operational expected for in 2020, CELSE will sell electricity to 26 distribution companies in Brazil, becoming the largest and most efficient thermoelectric plant in Latin America and the Caribbean.
  • Bär & Karrer Advises lastminute.com on Partial Self-Tender Offer

    On 21 September 2017, an extraordinary shareholders' meeting of the SIX Swiss Exchange listed lastminute.com N.V. authorized the board of directors to repurchase up to 33 1/3% of the company's share capital by means of a partial self-tender offer. The resolution adopted under Dutch law contained detailed information, among others regarding the period for which the authorization is granted, the manner in which the shares are repurchased and the price range within which the offer price must be set.