Mandate

MTG New Media acquires Playahead AB

February 19, 2007

MTG New Media has signed an agreement to acquire 90% of the shares in Playahead AB, which runs the internet community Playahead (www.playahead.se), for SEK 102 million in cash. Playahead has more than 530,000 members and is Sweden's second largest online community. Playahead also launched sites in Denmark, Norway and Great Britain in 2006.

Vinge acted as an advisor to the sellers, the company's founders Leif Carlsson and Jonas Frost. Representatives from Vinge included Peter Abrahamsson, Karin Ebbinghaus and Lina Bergquist.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021