Case C-449/21 (Towercast): A transaction not caught by EU or national merger control rules may still be assessed under the abuse of dominance prohibition

On 16 March 2023 the European Court of Justice rendered its awaited judgement in Case C-449/21 (Towercast) dealing with the possible application of the abuse of dominance prohibition to corporate transactions falling below the established thresholds for merger control. Facts On 13 October 2016, the largest French television transmission service operator Télédiffusion de France (TDF) […]

Hristov Partners Celebrate 10th Anniversary

We celebrate our firm’s 10th anniversary. On reflection, together we have created a reliable, reputable and sustainable law firm. With: * world class lawyers * a roster of fantastic loyal clients, multinational, international and domestic * an international strategy focused on our capabilities in M&A transactions * a strong long-standing international referral network * lasting […]

A dominant company can be liable for its distributors’ conduct and Intel case-law applies to exclusive dealing, according to ECJ’s judgement in C-680/20 Unilever

Last month the European Court of Justice rendered its judgement in case C‑680/20 (Unilever) extending the scope of dominant companies’ liability for anti-competitive conduct of their distributors and providing useful insight as to the applicability of the Intel case to exclusive dealing. The Italian competition authority found that Unilever had abused its dominant position on the […]

Bulgaria Inflation Forecasts 2023

In 2023, inflation and Fed/ECB and national bank base interest rates will play a major role in the deal-making. The national bank has recently published its 2023 forecast. It is expected the annual inflation to slow down to 4.2% at the year end subject to falling food and petrol prices. The average annual inflation will […]

Insight from the Bulgarian Competition Protection Commission in one of its latest antitrust cases Nikon/PRG/Profiled

On 29 September 2022 the Bulgarian Competition Protection Commission (CPC) adopted a commitments decision in proceedings involving an alleged violation of Art. 15 of the Bulgarian Competition Protection Act and Art. 101 of the TFEU by Nikon Europe B.V. and its Bulgarian authorized distributor. The decision provides rare insight on how the CPC approaches selective […]