Publication
Greece
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
Global | Publication | September 2017
This publication first appeared in the September 2017 edition of The M&A Lawyer.
Like many international merger control stat- utes, the EU Merger Regulation (EUMR) prohib- its the closing of a notifiable transaction until the European Commission (the Commission) grants or is deemed to have granted antitrust approval. Until recently, however, the Commission has pursued very few violations of this rule, known as “gun-jumping,” in particular compared to the U.S. antitrust agencies. The Commission’s recent actions, and tough talk by EU Competition Com- missioner Margrethe Vestager, suggest that the relatively relaxed European approach to gun- jumping is over.
In her May 2017 speech on “Competition and the Rule of Law,” Commissioner Vestager said that if merging parties “jump the gun, we take that very seriously indeed,” because “otherwise, the harm to competition could already be done, before we have the chance to intervene.”1 Also in May, the Commission announced gun-jumping proceedings against the French company Altice, which recently received a gun-jumping fine from the French authority in connection with two other transactions. Two months later, the Commission opened another gun-jumping case, against Canon. If these cases, involving alleged partial implementation of notified transactions, lead to infringement decisions and fines, they will be the first of their kind in the EU.
This article discusses the types of conduct that may lead to a finding of gun-jumping and the Commission’s enforcement history in this area. In conclusion, this article offers some practical guidance on avoiding gun-jumping issues in future transactions.
Publication
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
Publication
An in-depth analysis of the Premier League’s PSR framework, its enforcement and its influence on club ownership, valuations and financial strategy.
Publication
Now in its sixth year, our annual English Premier League (EPL) football report, Keeping Possession, captures insights from our global sports law team on the key trends and topics shaping the landscape of English football.
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