Globally, antitrust and regulatory regimes on data in the mobility sector are developing, but still inconsistently. This webcast provides legal guidance from North America, China and Europe on how companies can mitigate antitrust risks when developing a profitable new data monetization strategy.
The 10th amendment to the German Act against Restraints of Competition (“ARC”) – the “ARC Digitalization Act” – has taken effect on 19 January 2021.
The amendment is a substantive overhaul of the German competition regime, especially concerning abuse of dominance and merger control rules. The German Federal Cartel Office (“FCO”) receives a new tool addressing perceived concerns regarding “digital giants” and platforms. Jurisdictional merger control thresholds are raised, eliminating filing requirements for many mid-cap transactions and reducing the workload for companies and the FCO. At the same time, the FCO can use a new tool allowing the review of certain transactions below the merger control thresholds. Finally, for the first time, companies having infringed competition law can benefit from preventive measures: Under the new law, the FCO needs to evaluate an existing compliance system and might need to reduce the fine.