In a recent ruling, the Administrative Court in Stockholm upheld the decision by the Inspectorate of Strategic Products (the “ISP”) to impose a fine of SEK 200 000 (approx. EUR 20 000) on Ramsbury Invest AB for failing to notify an investment in due time. This marks the first court decision concerni...
1 December 2024, marks one year since the Swedish Screening of Foreign Direct Investments Act (the ”FDI Act”) entered into force. As per 29 November 2024, 1,206 investments have been notified under the Swedish regime. In this blog post we will comment on the application of the FDI Act and provide st...
In Illumina/Grail the Court of Justice of the European Union (the “CJEU”) attempts to restore order to EU merger control, barring the Commission from using the EU Merger Regulation to extend its review powers. It remains to be seen whether this aim will be achieved. In this blog post we clarify Arti...
Earlier this week the Court of Justice of the European Union (the “CJEU”) published its long-awaited judgment in the joined cases C-611/22 P Illumina v Commission and C-625/22 P Grail v Commission concerning the European Commission’s powers to review mergers that fall under the thresholds of both EU...
On 1 August 2024, the Swedish Civil Contingencies Agency (Sw. Myndigheten för samhällsskydd och beredskap) published its revised guidelines (MSBFS 2024:8) listing types of essential services that fall under the scope of the Swedish Act on Foreign Direct Investments (the “FDI Act”). The revised guide...
The Foreign Subsidies Regulation (the “FSR”), which is applicable in the EU since 12 July 2023, allows the European Commission (the “Commission”) to investigate and to take action against companies that receive financial support from non-EU governments deemed to distort competition within the EU sin...
The impacts of sanctions have increased during the last few years and not the least the ones targeting Russia. Most companies, regardless of where their manufacturing takes place or where their suppliers or customers are located, need to consider the impact of sanctions when entering into all sorts...
On 26 January 2024, the European Commission (the “Commission”) published a report, providing an overview of the enforcement of the EU competition rules by the Commission and the National Competition Authorities (“NCA”) in the pharmaceutical sector during the period 2018 – 2022. The scrutiny of...
On 4 July 2023, the Court of Justice of the European Union delivered a Grand Chamber ruling affirming the national competition authorities’ power to investigate privacy breaches when conducting abuse of dominance investigations under Article 102 TFEU. Big tech firms will now have extra incentives to...
Last week, on 16 May 2023, the Swedish Government presented a legislative bill on foreign direct investments (the FDI Act) to the Swedish Parliament. The FDI Act, which is suggested to enter into force on 1 December 2023 significantly expands the Government’s current powers to scrutinize foreign inv...
Sweden is one of the few EU Member States which does not have a stand-alone foreign direct investment (“FDI”) regime. This is about to change. On 16 March 2023, the Swedish Government presented a draft legislative bill on foreign direct investments (the FDI Act). The FDI Act, which is suggested to e...
The Swedish Government has recently adopted a Governmental Bill with a proposal of how the European Accessibility Directive, adopted in 2019, is to be transposed into Swedish law. The new rules require that certain key products, such as computers, smartphones, ATMs, ticketing and check-in machines,...