Legal Updates

Currently the draft bill of the Federal Government on the ninth amendment of the German Act against Restraints of Competition ("ARC") is undergoing a legislative procedure. The planned amendment, the coming into effect of which is anticipated for the beginning of 2017, provides for a number of changes. One of the intended changes concerns, by adapting German antitrust law to EU antitrust law and for the purpose of closing the so-called sausage gap, the liability of group parent companies and investors for antitrust breaches by their subsidiaries and/or their portfolio companies.

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The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
Readers should take legal advice before applying it to specific issues or transactions.

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