Delphi EU and Competition Blog


A year after clearance, KKR Faces risks of fines and revocation

On 24 July 2025, the European Commission (“Commission”) opened a formal investigation into whether KKR & Co. Inc. (“KKR”) provided incorrect or misleading information during the Commission’s merger investigation of KKR’s acquisition of Telecom Italia SpA’s (“TIM”) fixed-line network business (“N...

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Managing legal and compliance risks in the defence sector

The European defence sector is undergoing rapid growth as governments expand budgets and accelerate modernization programmes. For companies, this expansion creates exciting opportunities but also exposes them to heightened legal, regulatory, and reputational risks. The regulatory landscape is comple...

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State aid update for Sweden: the two first State aid preliminary references to the ECJ – and new responsibilities for the Swedish Competition Authority in State aid

Swedish courts have assumed to play a more active role in interpreting and applying the EU State aid rules. This development is marked by the first-ever preliminary references from Swedish courts to the European Court of Justice (the “ECJ”) in two cases during the last year: C-401/24, Stockholms Ham...

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New Swedish legislation proposed to strengthen anti-corruption enforcement

A recent inquiry has proposed new Swedish legislation to enhance the fight against corruption and related crimes. This blog post highlights the key developments, next steps, and how companies can prepare to ensure compliance. Background As previously reported on our EU and Competition Blog (see here...

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The EU’s 18th sanction package on Russia; Additional compliance required

The Council of the European Union (the “EU”) adopted on 18 July 2025, what is considered one of the most forceful sanctions packages against Russia. The aim is to strike at the core of Russia’s war machine – targeting its energy revenues, financial sector, and military-industrial complex. This blog...

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The European Commission initiates a review of EU merger control guidelines

On 8 May 2025, the European Commission (the “Commission”) launched a public consultation on the review of its EU merger control guidelines which will last at least two years. The consultation consists of two components. The first adopts a broad perspective, asking stakeholders to respond to overarch...

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