Competition enforcers across the globe are working to identify, investigate and sanction cartels and other anti-competitive behaviour including abuse of market power/dominance. Infringements of competition law carry massive risks: huge fines, significant reputational damage, criminal prosecutions and multi-million damages actions.
Our advice is clear, pragmatic and tactical, in order to avoid or minimise potential fines and reputational damage, always anticipating the impact of early steps on investigations in other jurisdictions and future damages actions. We also have extensive experience in dealing with the interplay with personal criminal liability and probes by other regulators (eg financial services regulators).
Our expertise and resources include:
- Cartels and investigations: we provide strategic advice to clients when facing investigations, regularly dealing with the European Commission and multiple regulators across borders. We provide full-service coverage from advising on dawn raids, conducting internal investigations, handling data/document requests to leniency/immunity and settlement strategies, appeals before the EU courts and private damages actions;
- Unilateral conduct and anti-competitive agreements: we have formidable breadth and depth of experience in non-cartel antitrust investigations in respect of both anti-competitive agreements and abuse of dominance/misuse of market power, including representing clients in investigations at the cutting edge of competition law (such as geoblocking, information sharing, online and other innovative distribution models, access pricing, and patent life-cycle management). We provide strategic advice across a range of sectors on market conduct and commercial agreements, including how to structure arrangements to ensure competition law compliance and in applying for pre-authorisation in relevant jurisdictions;
- Litigation: we have significant experience in challenging competition authorities' antitrust decisions. We also have an outstanding reputation in private enforcement, in particular in respect of advising defendants in follow-on private damages actions. See our Competition Litigation page for more information.
- Advice and compliance: we are regularly drawn upon by multinational corporations and financial services companies for audit and competition compliance advice, working with clients to gauge and reduce exposure to competition law risks. We also work to design specialised training programmes for our clients, offering a number of options ranging from targeted training sessions, inter-active case studies and mock dawn raids to a detailed online e-learning programme.
In connection with antitrust issues arising from the establishment of joint venture companies in France and Japan with Alcatel regarding third generation mobile telephones
In connection with its appeals against a decision of the French Competition Authority fining a group of French banks for collusion in relation to interbank fees on cheques
AUTOMOTIVE BEARINGS CARTEL
Advising a Japanese robotics company in connection with the European Commission’s investigation into automotive bearings
In connection with an appeal against the French Competition Authority's decision fining a group of French meal vouchers providers for alleged anticompetitive arrangements
A MULTINATIONAL WHOLESALER AND DISTRIBUTOR OF GROCERIES
In connection with the Competition Commission's inquiry into the South African grocery retail sector, and in relation to the implications of the wide-reaching remedial action set out in the final report of the Grocery Retail Sector Inquiry
JAPAN PULP & PAPER CO
In connection with the antitrust law issues and merger control aspects relating to the acquisition of Spicers Paper (Singapore) and Spicers Paper (Malaysia)
Kyriakos is the Brussels Office Managing Partner and EMEA Regional Head of Practice for Competition, Regulation and Trade and deals with all aspects of European Union and United Kingdom competition law.