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ARTICLE · 13 JUNE 2013

Hot Topics In EU Competition Law And Enforcement

Steptoe LLP
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The French petroleum company, entered into a deferred prosecution agreement with the US Department of Justice and agreed to pay a monetary penalty of $245.2 million to settle charges that it violated the US Foreign Corrupt Practices Act in connection with approximately $60 million in payments made through intermediaries to an Iranian government official to improperly obtain rights to petroleum concessions in Iran.

European UnionAntitrust/Competition Law

We are pleased to send you a snapshot of our most recent publications addressing hot topics in EU Competition law.

Cartel Enforcement

In the area of EU cartel enforcement, issues of interest include:

Merger Control

Regarding the proposed revision of merger procedures in the EU, the European Commission will soon launch a public consultation on a proposal to expand the scope of the EU Merger Regulation to acquisitions of non-controlling minority participations in competitors. Steptoe closely monitors and will report on this important topic in the coming weeks.

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