Our firm’s experienced competition team advises institutions from numerous industries on a wide range of challenging competition law issues, primarily for the purpose of ensuring that any proposed agreements or concentrations will not be deemed anti-competitive by the Commission for the Protection of Competition Law in Cyprus. Our team has guided clients through important transactions, including the facilitation of significant mergers and acquisitions, and boasts a strong record of success in numerous multi-million Euro merger reviews.
Noteworthy cases our firm has been involved in, include advising BLC Bank sal (Lebanon) on competition law issues regarding the multi-million Euro purchase of shares in a bank operating in Cyprus (USB Bank Plc), and advising Yildirim Holding AS and CMA CGM S.A. in relation to the USD 500 million acquisition of 20% of CMA CGM S.A. equity capital by Yildirim Holding AS. The firm’s competition practice is also widely acknowledged for its leading expertise in matters of competition litigation. We have successfully represented clients before the Cyprus Competition Commission on various occasions; presenting before the said Commission arguments, in support of various transactions that our firm notified to the same, and in rebuttal of allegations made against clients for anti-competitive agreements or concerted practices. |