News

Vinge employs additional antitrust economists to further strengthen its practice

September 30, 2021

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

Adam holds a Master of Science in Engineering within Industrial Engineering and Management from Lund University and has previously interned at Vinge as a Competition Analyst. Carl will join as a Junior Economist following the completion of his studies at the Stockholm School of Economics.

Johan Karlson, partner and head of the practice group:

“These recruitments further strengthen our practice and improve our service offering, particularly within competition law, dispute resolution and public procurement. Our in-house economist team now comprises four qualified economists led by Jakob Jeanrond. This directly benefits our clients.”

Economic expertise is essential for a full-service offering and a necessity in complex competition law cases. These include mergers, co-operation and other agreements, cartel investigations or abuse of dominance cases, but also cover strategic advice in relation to for instance pricing strategies. Economic expertise is also crucial for calculations of damages, for developing economic evidence in various disputes featuring damages claims, as well as for the preparation of public procurement tenders and possible ensuing appeals.

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

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

Vinge contributing to International Comparative Legal Guides

Vinge’s specialists within Maritime and Transport law have been requested to contribute with a chapter explaining the Swedish legislative framework in relation to maritime law in the International Comparative Legal Guides, ICLG.
August 20, 2021