Damien Geradin recently made a presentation entitled EU fines for EU competition Law Infringements at the Mentor Group Forum in Brussels. This presentation builds on a paper Damien recently published on the subject in which he draws observations from the fines contained in Commission decisions adopted between 2010 and 2017
Damien Geradin has made a presentation entitled “Price comparison websites in the energy sector” at the conference organized by the Florence School of Regulation on Clean Energy: The New Legal Challenges, which took place on 20 April 2017 in Brussels.
Download pdf – Price comparison websites in the energy sector
The Competition and Markets Authority (CMA) is on the warpath. It has a duty to prevent and reduce anti-competitive activities, and recent weeks have seen a concerted offensive to show it means business. One weapon it has deployed is an advertising campaign announcing a crackdown on cartels. Central to the campaign is the offer of up to £100,000 to incentivise people to blow the whistle.
To read full article by Oliver Bretz in The Times, please click here.
To read more and download full paper, please click here.
Two significant merger control judgments in 24 hours, one UK and one EU, underline the importance of judicial control in merger decisions. In the first, the UK Competition Appeal Tribunal (the Tribunal) upheld the UK Competition & Markets Authority’s first ever decision to prohibit a merger on vertical foreclosure grounds. In the second, the General Court quashed the Commission’s prohibition decision on due process grounds for failure to disclose the final version of its economic analysis.
Euclid Law acted for the main complainant in the ICE/Trayport case before the CMA.
Read the full Memo here: Euclid client memo UPS ICE.
Is it really that bad? Business is going well, the weakness of sterling is benefiting UK service industries and law firms are seeing new instructions as companies, banks and individuals try to work out the legal implications of Brexit.
However, there is an icy chill in the air. One can feel the temperature falling as trainee numbers are cut, firms look for merger opportunities and partners have a sense of unease about the future.
The problem is that law firms have multiple challenges, not only legal and regulatory, but also commercial. As firms rushed to requalify lawyers in Ireland, it became apparent that the practice of law is complex and requires many freedoms to continue to exist in its current form.
You can read the full article at: https://www.lawgazette.co.uk/practice-points/a-brexit-survival-guide-for-lawyers/5059955.article
Euclid Law partner, Sarah Long, was selected as one of the “30 in their 30s – Notable Women Competition Professionals: Private Practice” at an event in Brussels organised by W@Competition and PaRR on 16 February 2017. The list features 30 outstanding women aged between 30 and 40 in the competition field in Europe.
Oliver Bretz, founding Partner of Euclid Law, said: “We are delighted that Sarah has been awarded this well-deserved recognition. Sarah is extremely hard working and talented, and her enduringly positive attitude has been invaluable to the success of Euclid. Sarah was one of the initial members of the Euclid team, and together with our colleagues in London and Brussels, we look forward to continued success as a leading boutique competition law firm.”
View the 30 in their 30s list here
W@Competition: a newly established platform to promote women active in competition law, and facilitate networking with each other.
PaRR: ‘Policy and Regulatory Report’ is part of the Mergermarket Group. PaRR delivers global intelligence, analysis and proprietary data on competition law, IP and trade law, and sector-specific regulatory change.
Damien Geradin will be speaking on the afternoon of the 28th February at the Brussels School of Competition on the Google Unpacked – A Review of the Ongoing EU Antitrust Cases.
For more information: http://www.brusselsschoolofcompetition.be/events/27/Half-day-Conference-Google-Unpacked-A-Review-of-the-Ongoing-EU-Antitrust-Cases
There is something strange happening in the legal market. A new breed of law firm is emerging – not the traditional geared partnership structure but a small agile animal that is highly specialised in its feeding habits: the boutique law firm. Unlike the traditional full service model, boutique firms are typically highly specialised, run by senior lawyers and characterised by low gearing.
This article was contributed by Euclid Law founding partner Oliver Bretz and Edge Legal founding partner Damien Geradin. The two boutique firms merged in February 2017 under the banner Euclid Law
You can read the full “The Lawyer” article here.
09 February 2017
London competition boutique Euclid Law has announced a merger today with Brussels-based boutique EDGE Legal.
Founding partner of Euclid Law, Oliver Bretz, 45, said the merger means the boutique will be able to eclipse much larger firms in terms of “experience, approach and depth of our bench.”
Damien Geradin, 50, founding partner at EDGE Legal, said he is relishing the opportunity to join up with Bretz and his team in London.
“Oliver and I are close friends. We share the same vision: we want freedom and flexibility and do high quality work in a cost-conscious manner. It’s very nice to be part of a strong team without facing the constraints of the larger firms,” Geradin said.
The merger means Euclid Law will have a much stronger presence in Brussels after the UK leaves the European Union, and both teams will travel between London and Brussels. Geradin will be based mainly in Brussels and Bretz will split his time between the two offices.
Bretz said the firms recognised the need for greater scale to handle their increasing workload. He also said the merger brings with it “a level of depth and market credibility that will transform our capabilities.”
Bretz formed Euclid Law in 2015 after leaving Clifford Chance. He started his career as a trainee at Simmons & Simmons in London in 1994. He went on to join Linklaters as an associate in 1997 before moving to Clifford Chance as a senior associate in 1999 before being made partner in 2002.
The boutique won GCR 2016 European Behavioural Matter of the Year for advising on the credit default swap investigation of the European Commission. The boutique also secured the first prohibition of a merger by the CMA and the first full divestment ever in a vertical merger by UK competition authorities, as a result of advising a third party in the ICE/Trayport merger.
Geradin set-up EDGE Legal in 2015 after leaving Covington & Burling in London. He started his career as law professor in Belgium and Netherlands before moving to Howrey in 2005. He was made partner in 2007, but moved to Covington in 2010 when Howrey wound down.
He currently represents O2 in the European Commission’s investigation into network-sharing agreements between O2/Česká telekomunikační infrastruktura and T-Mobile in the Czech Republic.
The combined boutique, which will continue to be called Euclid Law, will now have four partners, one senior consultant, one counsel and three junior lawyers.
Link to article: http://globalcompetitionreview.com/article/1081174/euclid-merges-with-edge