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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by Schjødt

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Norwegian Competition authority prohibits consumer health merger

June 2009 - EU & Competition. Legal Developments by Schjødt.

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The proposed acquisition of the Sunkost chain of consumer health products by Validus ASA, the major wholesaler of consumer health products on the Norwegian market, was prohibited by the NCA on 29 JUne. The parties to the merger have a last chance of appeal to the Ministry of Government Administration and Reform. This will delay the final outcome with another 60 working days, in a case that commenced by a simplified notification on September 24th 2008.

Amendments to the competition act

May 2009 - EU & Competition. Legal Developments by Schjødt.

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The amendments to the competition act came into force 1 July 2008. On 7 March 2008 the Norwegian Ministry of Government Administration and Reform presented a proposal for amendments to the Competition Act of 5 March 2004 (White paper (Ot.prp.) No. 35 (2007-2008)). The proposal was approved by the preparatory meeting of the Council of State the same day, and adopted by the King in Council 20 June 2008. The amendments came into force 1 July 2008.