BLOMSTEIN has successfully handled two Foreign Direct Investment procedures for GTCR, a leading private equity firm. GTCR has acquired the assets of the TachoSil Fibrin Sealant Patch, a sponge for hemostasis and wound sealing, and the Surgical Specialties Corporation (SSC), which is specialized in high performance surgical sutures and ophthalmic knives. Subsequently, the investor merged SSC and Tachosil into a leading provider of surgical medical products and created the new company Corza Medical.

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Ever wondered why consumers pay different prices for the same goods in different EU member states? The European Commission (EC) thinks territorial supply constraints (TSCs) bear much of the blame. Although they have long been a regular topic of antitrust debate, investigations into TSCs have been rare. This is unlikely to stay the case: a recent study into TSCs commissioned by the EC, recent enforcement action, and the pending revision of the regulatory framework show that TSCs have become a policy focus of the EC, and national competition authorities may follow. A just-announced EC investigation into Mondelēz International, one of the world’s largest snacks companies, for alleged breaches of the competition rules through TSCs may be a sign of things to come. We outline why TSCs are in the antitrust spotlight and what companies should expect from competition enforcers in the future.

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In the past, investment control law has been continuously tightened (see the Amendments to the Foreign Trade an Payments Act (AWG-Novelle) as well as the 15th and 16th Amendment Ordinance of the AWV. The draft of the 17th Amendment Ordinance to the AWV has been eagerly awaited, as publication has been repeatedly postponed due to the intensive and lengthy process of interdepartmental coordination.

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The new edition of Lexology Getting the Deal Through: Foreign Investment Review has just been published and is now available in print and online. BLOMSTEIN partner Roland M. Stein and associate Leonard von Rummel co-authored the Germany chapter in this LexGTDT series for the third time.

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Reducing harmful effects on global climate and the environment, protecting human rights in global supply chains and ensuring good working conditions have taken the political scene as overarching goals in the third millennium. Consumer and investor choices are increasingly based not only on cost but also on sustainability considerations. But are “green business models” reconcilable with competition law?

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Today is one of the rare days where the city of Berlin is covered with a very light white layer of snow; the long expected new competition law chose this day to enter the stage and silently enter into force. We summarize the main changes, which may well make some noise in the months to come.

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Four years after the Brexit referendum, the EU and the United Kingdom have reached an agreement on the EU-UK Trade and Cooperation Agreement (TCA), which follows the Brexit Withdrawal Agreement. BLOMSTEIN presents the key contents of the new trade agreement in a briefing series. In Part 1, we have looked at the implementation and substantial changes in the EU-UK relationship. Part 2 focused on the trade in goods. Part 3 looked at a variety of areas from services and investments to digital commerce, energy and the level playing field. Part 4 analyzed the areas of transport and aviation, fishing, social security cooperation, freedom of movement and other cooperations. Part 5 concerned the governance structures, dispute settlement mechanism and enforcement of the agreement within the framework of national jurisdiction and the ECJ. Part 6 now draws a short conclusion.

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Four years after the Brexit referendum, the EU and the United Kingdom have reached an agreement on the EU-UK Trade and Cooperation Agreement (TCA), which follows the Brexit Withdrawal Agreement. BLOMSTEIN presents the key contents of the new trade agreement in a briefing series. In Part 1, we have looked at the implementation and substantial changes in the EU-UK relationship. Part 2 focused on the trade in goods. Part 3 looked at a variety of areas from services and investments to digital commerce, energy and the level playing field. Part 4 analyzed the areas of transport and aviation, fishing, social security cooperation, freedom of movement and other cooperations. Part 5 concerns the governance structures, dispute settlement mechanism and enforcement of the agreement within the framework of national jurisdiction and the ECJ.

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Four years after the Brexit referendum, the EU and the United Kingdom have reached an agreement on the EU-UK Trade and Cooperation Agreement (TCA), which follows the Brexit Withdrawal Agreement. BLOMSTEIN presents the key contents of the new trade agreement in a briefing series. In Part 1, we have looked at the implementation and substantial changes in the EU-UK relationship. Part 2 focused on the trade in goods. Part 3 looked at a variety of areas from services and investments to digital commerce, energy and the level playing field. In Part 4, we analyze the areas of transport and aviation, fishing, social security cooperation, freedom of movement and other cooperations.

read more

Four years after the Brexit referendum, the EU and the United Kingdom have reached an agreement on the EU-UK Trade and Cooperation Agreement (TCA), which follows the Brexit Withdrawal Agreement. BLOMSTEIN presents the key contents of the new trade agreement in a briefing series. In Part 1, we have looked at the implementation and substantial changes in the EU-UK relationship. Part 2 focused on the trade in goods. Part 3 looks at a variety of areas from services and investments to digital commerce, energy and the level playing field.

read more