We advise on litigation concerning abuse of dominant position and cartels within national jurisdictions and before the EU Courts.
Our clients are not only large and medium-sized Italian and foreign companies, but also associations and multinational businesses.
The following are the main areas in which the Competition team provides judicial and non-contentious counsel and assistance:
- Concentration transactions
- Agreements between businesses
- Abuse of dominant position; codes of ethics, and company procedures
- State aid.
We advise on litigation concerning abuse of dominant position and cartels within national jurisdictions and before the EU Courts.
Our clients are not only large and medium-sized Italian and foreign companies, but also associations and multinational businesses.
The following are the main areas in which the Competition team provides judicial and non-contentious counsel and assistance:
- Concentration transactions
- Agreements between businesses
- Abuse of dominant position; codes of ethics, and company procedures
- State aid.
LAWYERS
NEWS AND EVENTS
Pavia and Ansaldo, Giovannelli and NTCM in Hexadrive’s round Milan, 30 May 2023 – Hexadrive Engineering S.r.l., a deep tech startup that supports companies in the electric transition by reducing the environmental impact of electric motors and batteries through the use of digital twins, has closed an investment round led by 360 Capital Partners SAS, through the 360 Polimi TT Fund and 360 Capital Italia SICAF S.p.A, by Vertis SGR S.p.A., through the fund Vertis Venture 3 Technology Transfer, by CDP Venture Capital SGR S.p.A., through the funds Fondo Acceleratori, Fondo Parallelo Mobility&Digital Acceleration and MiSE Co-Investment Fund, by…
Merger Control in Italy Adoption of the Sub-Threshold Merger Notice On January 2, 2023, the Italian Competition Authority (“ICA” or the “Authority”), after a public consultation started on October 27, 2022, issued the notice (“Notice”) concerning the application of the amendments to Article 16 of Law No 287 of 10 October 1990 (in particular, para.1-bis), introduced by Law No. 118/2022 (the “Annual Competition Bill”, which entered in force last August 28, 2022), and concerning the notification of mergers and acquisitions of undertakings which do not meet the turnover thresholds set out in Italy for the mandatory ex ante filing…
BonelliErede and Pavia and Ansaldo in the agreement for the sale of HISI to F2i by Ardian Milan, 30 December 2022 – BonelliErede assisted Ardian, a leading global private equity firm, in reaching an agreement for the sale of 100% of HISI, a healthcare and infrastructure investment holding company, to the Ania F2i fund managed by F2i SGR, Italy’s leading infrastructure fund manager, assisted by Pavia and Ansaldo law firm. In the transaction, Ardian acted on behalf of its own managed funds and the Dutch pension fund APG, the largest pension group in the Netherlands and a shareholder of…
Gop and Pavia e Ansaldo in Sababa Security’s purchase of a stake in Digipoint Rome-Genoa, 28 November 2022 – Sababa Security S.p.A. – a leading Italian operator in the cybersecurity sector that provides an integrated and customised offer of products and managed services to protect various IT and OT environments from cyber threats, listed on Euronext Growth Milan – has signed a preliminary agreement for the purchase of a stake in the share capital of Digipoint S.r.l. – a company specialising in the provision of CyberSecurity, network security, business continuity, disaster recovery and training services. The agreement provides that, subject…
Greenwashing – Scrutinising Eco-friendly Imagery, Labels & Claims WEBINAR October 13, 2022 IST: 6.30 – 7.30 pm – GMT: 1.00 – 2.00 pm – EST: 9.00 – 10.00 pm Radha Khera, Managing Associate, Remfry & Sagar vill lead a panel discussion on ‘green’ branding and marketing claims in the backdrop of conscious consumerism PANELIST Cyril Abrol, Partner Remfry & Sagar Joan Davis, Of Counsel Schroder Brooks Law Firm PLC Gabriele Girardello, Partner – IP/Litigation Pavia e Ansaldo Studio Legale Maria Rosaria Raspanti, Senior Associate – Antitrust & Competition, Pavia e Ansaldo Studio Legale DOWNLOAD
The Firms Pavia e Ansaldo and Biscozzi Nobili Piazza in the transaction for the entry in the capital of the Zenit Group of the Japanese multinational Tsurumi Manufacturing Co., Ltd. Milan, 3 October, 2022 – The Law Firm Pavia e Ansaldo, with a team composed by the lawyer Adriano Villa (country Partner for Japan) and by the lawyer Alessandra Grandoni (Counsel), assisted Tsurumi Manufacturing Co., Ltd (“Tsurumi Pump”), a Japanese multinational company listed in the first segment of Tokyo’s stock exchange and a leader in the production and distribution of electric pumps, for the corporate aspects under Italian law…
Golden Power regime in Italy The new Procedural Regulation On September 9, 2022 (Official Journal No. 211/2022), the Italian Government has finally adopted the new procedural regulation for the application of the Golden Power regime, after its announcement in August. Decree No. 133/2022 afresh regulates the coordination activities of the Presidency of the Council of Ministers for the performance of activities preparatory to the exercise of special powers granted to the Government by the Golden Power Decree (No. 21/2012, as amended), providing for measures aimed at simplifying the administrative proceeding and case investigation, included the long-awaited pre-filing procedure. …
Pavia e Ansaldo and Giliberti Triscornia for the entry of Kordsa in Microtex Milano, 27 April, 2022 – Kordsa, a company specializing in reinforcement technologies belonging to the Turkish group Sabanci, entered the capital of Microtex Composites, a company of the group Becagli, specializing in the production of fabrics and advanced composites. Kordsa was assisted in the operation by the law firm Pavia e Ansaldo, with the partner Daniele Carminati and the counsel Chiara Andreotti, supported by the associate Giorgia Daniele and, for administrative and environmental aspects, by the associate Giampaolo Grechi. Labour law aspects and the drafting of…
FURTHER STRENGTHENING OF THE ‘GOLDEN POWER SHIELD’ By Decree of 21 March 2022, no. 21 (published in the Official Journal of 22 March 2022), further and important changes were introduced in the framework of the national regulation on control on foreign direct investments (so-called Golden Power). The new provisions further strengthen the strategic asset protection regime and set up an attempt to simplify the scrutiny procedure of notified transactions. The first and most important aspect of the legislative change concerns the extension of the scope of application of the Golden Power. The changes, unlike what happened in the…
H.I.G. Europe enters in Berardi Bullonerie: the advisors Milan, 3 February, 2022 – H.I.G. Europe, led in Italy by Raffaele Legnani and with a team composed by Giovanni Guglielmi, Gian Matteo Franzoia and Giovanni Cabassi, executed the acquisition from the Berardi family, through a buy out transaction, of a controlling stake in the group referring to Berardi Bullonerie S.r.l., which is a leading operator in the Italian market of the distribution of fixing elements and of the supply of integrated logistic services. Since its establishment in 1919 the Berardi Group is the go-to partner for Italian industrial companies…
Pavia e Ansaldo with Project Informatica in the acquisition of Converge Milan, 30 November, 2021 – Project Informatica, the portfolio company controlled by H.I.G. Europe – European branch of the international investment fund H.I.G. Capital, continues its growth route through external businesses. The company has in fact signed a binding agreement for the acquisition of 100 per cent of the corporate capital of Converge S.p.A., a company located in Rome leading system integrator specializing in the supply of infrastructural solutions, hardware and software, mainly devoted to clients belonging to the public sector. The company counts on a consolidated know-how in…
Distribution Law Center Filippo Fioretti, Maria Rosaria Raspanti e Nicolò Cagnato contributors of Distribution Law Center. The Distribution Law Center is a new platform for lawyers, practitioners and students looking for essential information on distribution law. The Distribution Law Center is driven by contrast, and supported by specialized contributors from all over the EU and from the UK.
Dea Capital enters OMB Saleri: the firms Milan, 31 July, 2021 – Law firm Pavia e Ansaldo, with a team coordinated by partners Alberto Bianco and Giuseppe Alessandro Galeano, furnished legal and tax assistance in favour of the fund Sviluppo Sostenibile, managed by Dea Capital Alternative Funds, in the transaction for the acquisition, mainly through a capital increase, of a minority shareholding in OMB Saleri S.p.A., a company in Brescia owned by the Saleri Family producing and marketing security valves for domestic use of gas and high pressure valves. With approximately 45 millions euro turnover in 2020, mainly abroad,…
Dea Capital invests in the Zephyr Group: the firms Milan, 28 June 2021 – Law firm Pavia e Ansaldo furnished legal and tax assistance to Dea Capital Alternative Funds in the first transaction for the acquisition of a majority shareholding in Zephyr Group by the fund “Sviluppo Sostenibile”. Zephyr was founded in 1974 in La Spezia, and it is one of the main European companies active in the distribution of spare parts for merchant ship engines and slow ferries, as well as for engines for electricity power plants. In 2018, thanks to the acquisition of the Spanish competitor…
The advisors in Permobil’s acquisition of Rehateam and Progeo Milan, 27 April, 2021 – Permobil AB of Timrå, Sweden, has signed an agreement for the acquisition of the shares in Rehateam S.r.l. and Progeo S.r.l. of Treviso, Italy with these companies’ shareholders. Permobil, which is held by Investor AB, is a global leader in advanced medical technology focusing on wheelchairs and mobility solutions. Rehateam and Progeo are developing, producing and distributing manual wheelchairs worldwide. The transaction is expected to close in June, subject to regulatory approvals.The parties have chosen not to disclose the terms of the transaction. Permobil was…
Pavia e Ansaldo with Skytanking Holding GmbH in the sale of the Italian controlled company Skytanking S.r.l. Rome, 6 August 2020 – Law firm Pavia e Ansaldo assisted Skytanking Holding GmbH, world leader in fuel assistance services, in the sale to Carboil S.r.l. of the Italian controlled company Skytanking S.r.l.. Skytanking is a leader in the market and operates in Italy in the airports of Rome Fiumicino, Naples, Venice and Palermo. Pavia e Ansaldo managed all legal aspects of the beauty contest and the following negotiation with a team coordinated by the responsible partner Filippo Fioretti and, for the corporate M&A…
HIG Capital enters Project Informatica Group: the law firms Milan, 8 July, 2020 – Law firm Pavia e Ansaldo, with a multidisciplinary team coordinated by Partner Alberto Bianco and made up of Erica Lepore, Nicoletta Botta and Giulio Nobile, for corporate, M&A and banking aspects, and by Partner Filippo Fioretti, with the support of Maria Rosaria Raspanti, for antitrust matters, assisted H.I.G. Europe, European branch of the international investment fund H.I.G. Capital, in the acquisition of a majority shareholding in the Group belonging to Project Informatica S.r.l., main operator of the Italian information technology market, with offices in Stezzavno (Bergamo)…
Airport fees: Pavia e Ansaldo wins with Shell versus Alitalia and Volare Rome, 31 March, 2020 – Pavia e Ansaldo successfully assisted the oil company Shell in a lawsuit with specific antitrust profiles, started by airlines Alitalia and Volare in front of the Court of Milan in relation to airport fees paid for the supply of aviation fuel in airport areas. The Court of Milan rejected in whole the requests of Volare and – in the lawsuit initiated by Alitalia, significantly reducing the summoning party’s claims – totally granted Shell’s defensive line, thus condemning the airport managers interested in the…
Pavia e Ansaldo and Spada Partners with IDeA Agro in the entry in Tarulli Milan, 12 December 2019 – Law Firm Pavia e Ansaldo assisted fund “IDeA Agro”, a fund dedicated to investments in companies of the agricultural supply chain, managed by DeA Capital Alternative Funds SGR, with the support on business matters of Giuseppe Liso and Angelo Donato Berloco di Ettore Fieramosca, advisory company of the Fund. The transaction regarded the acquisition of a qualified minority shareholding in “Azienda Agricola Antonio Tarulli S.r.l.”, a company based in Puglia, leader in the cultivation and marketing of organic and biodynamic grapes….
Pavia e Ansaldo with Dea Capital Alternative Fund SGR for antitrust aspects of the entry of the fund Idea Taste of Italy in Abaco S.p.A. Milan, 11 June 2019 – Pavia e Ansaldo, with a team coordinated by partner Filippo Fioretti, head of the Antitrust department at Pavia e Ansaldo, and associate Maria Rosaria Raspanti, assisted Dea Capital Alternative Fund SGR on the antitrust aspects related to the entry of the fund Idea Taste of Italy in the shareholders’ structure of Abaco S.p.A., a company active in the supply of IT services specialized in the management of public funds for the agricultural…
Pavia e Ansaldo wins at the Tar Lazio against AGCM in the My Taxi matter Milan, 29 April 2019 – Law firm Pavia e Ansaldo successfully assisted the two major Milan taxi cooperatives, TaxiBlu 4040 and Autoradiotassì 8585 in the proceeding initiated by the Italian Competition Authority AGCM on the use of applications such as My Taxi for booking taxi rides. Pavia e Ansaldo acted with a team made up of partners Marco Giustiniani, Filippo Fioretti, Nico Moravia and associates Maria Rosaria Raspanti and Tommaso Filippo Massari. The matter is based on the proceeding initiated by the Authority in January 2017 on the basis of a tip-off from…
Taxi Operators Taxiblu and Autoradiotassi win with Pavia e Ansaldo against the Antitrust Authority before the Lazio Regional Administrative Court Milan 7 December 2018 – With two rulings published on December 2018, the Lazio Regional Administrative Court granted the precautionary petitions contained in the appeals submitted by the cooperatives Taxiblu 4040 and Autoradiotassì 8585, suspending the effectiveness of the Antitrust Authority’s order of June 27th 2018 which ascertained – in response to a complaint by Mytaxi – the so-called cartel of radio taxis on the markets of public charter services in Milan and Rome. The rulings acknowledge the complexity of the…
Approvato il testo definitivo delle linee guida sulla compliance antitrust: un primo commento e confronto rispetto al testo preliminare Roma, 12 ottobre 2018 – Con delibera del 25 settembre 2018 (pubblicata sul Bollettino n. 37/2018 del 8.10.2018) l’Autorità Garante della Concorrenza e del Mercato (AGCM) ha approvato e adottato le Linee guida sulla compliance antitrust, testo che recepisce parzialmente i contributi raccolti all’esito della consultazione pubblica, avviata a seguito dell’adozione del documento preliminare approvato con delibera del 20 aprile 2018 (si veda Bollettino n. 15/2018 del 23.04.2018), di cui al nostro precedente commento. Il testo definitivo delle Linee guida – non discostandosi in ciò dal testo preliminare – non…
PAVIA E ANSALDO AND CLIFFORD CHANCE IN TUI’S ACQUISITION OF MUSEMENT Milan, 14 September 2018 – TUI Group has undertaken to acquire 100% of the corporate capital of Musement S.p.A. of Milan from Micheli Associati, P101 SGR, 360 Capital 2011 Investments, Aginvest and InterWest Partners and further minority shareholders. TUI Group is the world’s leading integrated tourism company. Musement provides destination services (services to travellers at the holiday location) through the internet. The acquisition further strengthens TUI’s Destination Experiences division, following the acquisition of the Destination Management business from Hotelbeds Group earlier this year. Pavia e Ansaldo assisted TUI Group…
No antitrust fine for the cartel of the radio-taxis with Pavia e Ansaldo Milan, 10 July 2018 – Law firm Pavia e Ansaldo – with a team coordinated by Filippo Fioretti and Marco Giustiniani and made up of Nico Moravia, Maria Rosaria Raspanti and Tommaso Massari – assisted three of the major Italian radio-taxi cooperatives (Radiotaxi Satellitare TaxiBlu 4040, Autoradiotassi 8585 and Pronto Taxi 6645) in two proceedings started by the Italian Antitrust Authority which were defined the “cartel of the radio-taxis” by the press. Following the result of the two investigation procedures which had lasted over a year and a half, the Antitrust Authority, though assuming there was…
Linee Guida sulla Compliance Antitrust: un primo commento al testo approvato in via preliminare dall’Agcm
Pavia e Ansaldo with Dea Capital for the antitrust authorization of the investment in the Botter winery Milan, 21 February 2018 – The German competition authority (Bundeskartellamt) has recently given permission to Idea Taste of Italy, a fund operated by DEA Capital Alternative Fund SGR, a company of the De Agostini Group, to become shareholder of Casa Vitinicola Botter S.p.A., by turnover the seventh largest Italian wine producer. Dea Capital was assisted by Pavia e Ansaldo in assessing the notification obligations and in filing the transaction with the German antitrust authority, with a team coordinated by partner Filippo Fioretti, head of…
Obsolescenza programmata: condotta illecita o risultato delle dinamiche concorrenziali?
Caso Avastin/Lucentis: la Corte di Giustizia si pronuncia sulla definizione del mercato rilevante nel settore farmaceutico e sul legame tra intese restrittive e accordi di licenza. Milano, 5 febbraio 2018 – Il caso Avastin/Lucentis, che dal 2014 vede coinvolte le imprese farmaceutiche Hoffmann-LaRoche e Novartis, dapprima nell’istruttoria condotta dall’Autorità Garante della Concorrenza e del Mercato e, dopo, davanti al TAR Lazio e al Consiglio di Stato, è di recente approdato alla Corte di Giustizia, investita dal Consiglio di Stato del giudizio di rinvio su alcune questioni di natura pregiudiziale per la decisione della causa. Secondo la ricostruzione dell’Agcm, confermata dal TAR Lazio,…
Il protocollo d’intesa tra l’Agcm e le Procure di Roma e Milano per un più efficace contrasto alla corruzione e alle condotte anticoncorrenziali Milano, 24 gennaio 2018 – E’ fresca di pubblicazione la notizia che riguarda la firma, da parte dell’Autorità Garante della Concorrenza e del Mercato (Agcm), di due protocolli d’intesa con le procure della Repubblica di Roma e di Milano, finalizzati a migliorare il sistema di contrasto alla corruzione e ai reati contro la p.a., nonché di tutela dei mercati, attraverso un quadro operativo che si fonda sullo scambio di informazioni tra le autorità su indagini e procedimenti che…
All the law firms involved in the Isoclima transaction Milan, 19 July 2017 – Law firms Pavia e Ansaldo, Gattai Minoli Agostinelli & Partners, White & Case and Legalitax have acted in the context of the investment of Stirling Square Capital Partners Fund in Isoclima as part of a management buyout with the co-founder of Isoclima Alberto Bertolini and Bill O’ Gara, an experienced manager in the civil and military defense sector industry. The transaction falls within a strategic and financial partnership between Stirling Square, Alberto Bertolini and Bill O’ Gara. In this context, Stirling Square will play a crucial role…
Pavia e Ansaldo wins the “Antitrust Defense” prize at the Legalcommunity Corporate and M&A Awards Milan, 6 July 2017 – On Thursday, July 6, at the Legalcommunity Corporate M&A Awards 2017, Pavia e Ansaldo, with Filippo Fioretti and Maria Rosaria Raspanti, received the Award for Antitrust Defense for counsel rendered to operators in the car-rental sector in the Authority’s complex investigation into the alleged cartel in the long-term car rental market involving 17 subjects which ended with the dismissal of the proceedings.
L’APPLICAZIONE DEL DIRITTO ANTITRUST: RISCHI E OPPORTUNITÀ PER LE IMPRESE SPAGNOLE
LE SFIDE DELLA REGOLAZIONE NEI MERCATI DIGITALI: IL CASO UBER
PAVIA e ANSALDO WITH IDEA CAPITAL FOR THE ACQUISITION OF A MAJORITY STAKE IN TECNOMECCANICA Milan, 27 October 2016 – Pavia e Ansaldo assisted the Idea Capital Fund SGR SpA managed fund “Idea Efficienza Energetica e Sviluppo Sostenibile” in the purchase of a majority stake in Tecnomeccanica SpA of Novara, Italy, operating in the manufacture and sale of lighting components for the automotive market. Pavia e Ansaldo’s team was led by Alberto Bianco, partner, with Luca Montolivo and Fabrizio Smiroldo covering the areas of contract and banking, partner Francesco Bruno with Alessandra Biagiotti assisting on environmental aspects and by partner Filippo…
Pavia e Ansaldo with Krones AG for the acquisition of System Logistics S.p.a. from System Group Milan, 31 March 2016 – Pavia e Ansaldo, with Partners Sven von Mensenkampff (Project Lead) Filippo Fioretti (Antitrust) Enrico Del Guerra (Employment) and Senior Associate Luca Montolivo (Corporate) assisted Krones AG of Neutraubling (Germany), a leading manufacturer of filling and packaging technology, in the acquisition of 60% of the shares of System Logistics S.p.A. of Fiorano Modenese (Province of Modena, Italy) from System Group. System Logistics S.p.A. is a leading, international supplier of innovative solutions for intralogistics, material flow technology, and warehousing. The transaction is…
Pavia e Ansaldo assigns anti trust to Filippo Fioretti Milan, 2 February 2016 – Pavia e Ansaldo announces the entry of Filippo Fioretti, who will take up the position as head of the Antitrust Department. Filippo Fioretti – previously in charge of the Antitrust Department of Simmons & Simmons as well as co-head for Italy of the firm’s Life Science and TMT focus group – will be based in Pavia e Ansaldo’s Rome office. Fioretti assists national and international companies in proceedings before the Italian Antitrust Authority and the European Commission relating to agreements and abuses of dominant positions. He is moreover…
Assogenerici with Pavia e Ansaldo obtains Pfizer’s condemnation for abuse of a dominant position Confirmation of the administrative fine imposed by the Italian Antitrust Authority on Pfizer for obstructing the entrance of latanoprost Milan, 17 January 2014 – Pavia e Ansaldo assisted Assogenerici, the association of the manufacturers of generics in Italy, in the proceedings before the Consiglio di Stato (Supreme Administrative Court), against Pfizer Italia, its relevant European parent company as well as the American one, that found Pfizer companies responsible for abuse of a dominant position and imposed on them a fine of more than EUR 10 million for…
