Insight

leniency-regimes-international-series

Leniency Regimes International Series

BOYANOV & Co. contributed to the fifth edition of the Leniency Regimes International Series published by Thomas Reuters (Professional), Sweet & Maxwell in August 2015. The Bulgarian Chapter was contributed by Mr Peter Petrov, Partner and Head of Competition Group at the firm. Since the last edition of the book, leniency applications continue to be […]

boyanov-co-represented-cvc-capital-partners-in-relation-to-a-merger-control-clearance-of-its-proposed-acquisition-of-alvogen

BOYANOV & Co. represented CVC Capital Partners in relation to a merger control clearance of its proposed acquisition of Alvogen

BOYANOV & Co. is representing CVC Capital Partners in relation to the merger control clearance of its proposed acquisition of Alvogen before the Bulgarian competition authority. The competition authority granted unconditional clearance for the transaction. BOYANOV & Co.’s team on the deal was led by Mr. Peter Petrov, Partner.       Copyright picture: CVC […]

boyanov-co-advises-mohawk-industries-inc-on-the-acquisition-of-a-majority-package-in-the-capital-of-the-kai-group

BOYANOV & Co. Advises Mohawk Industries, Inc. on the Acquisition of a Majority Package in the Capital of the KAI Group

BOYANOV & Co. advises Mohawk on the acquisition of a majority package in the capital of the largest Bulgarian producer of tiles, KAI Group. Mohawk Industries Inc. is an USA corporation and as such concentration clearance is sought in several European jurisdictions. As the world’s largest flooring company, Mohawk is proud to offer its customers […]

boyanov-co-successfully-advised-and-represented-major-pharmaceutical-groups-abbott-and-abbvie-in-an-antitrust-investigation-initiated-by-the-bulgarian-competition-authority

BOYANOV & Co. successfully advised and represented major pharmaceutical groups Abbott and AbbVie in an antitrust investigation initiated by the Bulgarian competition authority

BOYANOV & Co. successfully advised and represented major pharmaceutical groups Abbott and AbbVie in an antitrust proceedings initiated by the Bulgarian Commission for the Protection of Competition in relation to a complaint brought by a major national pharmaceutical distributor. By a decision which has not been appealed, the Commission came to the conclusion that no […]

boyanov-co-advised-hsbc-on-entry-into-custody-arrangements-with-bulgarian-counterparties

BOYANOV & Co. advised HSBC on entry into custody arrangements with Bulgarian counterparties

BOYANOV & Co. advised HSBC Bank on the entry into custody arrangements with Bulgarian counterparties. BOYANOV & Co.’s team on the deal was led by Mr. Peter Petrov.      

global-legal-insights-cartels

Global Legal Insights – Cartels

The first edition of Global Legal Insights – Cartels – published in November 2012 by Global Legal Group, provides in-house counsel, government agencies and private practice lawyers with a practical insight into cartel enforcement policy and procedure, including leniency/ amnesty regimes, administrative settlement, sanctions and appeals across 29 jurisdictions worldwide, amongst which is Bulgaria. In […]

hyundai-case-the-consequences

Hyundai Case – The Consequences

On November 6, 2012 the Commission for the Protection of Competition imposed a record fine of BGN 16 million to the local importer of vehicles and spare parts for the “Hyundai” brand – Industrial Commerce EOOD, as well as maximum sanctions for its dealers. Following up on the significant interest from BOYANOV & Co.’s clients, […]

acquisition-of-the-leading-consumer-electronics-retailer-in-bulgaria-was-unconditionally-cleared-by-the-commission-for-the-protection-of-competition

Acquisition of the Leading Consumer Electronics Retailer in Bulgaria was Unconditionally Cleared by the Commission for the Protection of Competition

BOYANOV & Co. represented The Luxembourg Acquisition Company S.à r.l. in the merger control procedure related to the acquisition of sole control over the undertakings Axis Retail N.V., the Netherlands Antilles, and Borovets Invest B.V., the Netherlands. Axis Retail N.V. through its Bulgarian subsidiary is the operator of Technomarket – the leading retail chain for […]

boyanov-co-represented-austrian-post-in-local-merger-clearance-procedure

BOYANOV & Co. Represented Austrian Post in Local Merger Clearance Procedure

BOYANOV & Co., acting on behalf of Post acht Beteiligungs GmbH, successfully obtained clearance for the concentration resulting from the acquisition of sole control by Post acht Beteiligungs GmbH, Austria over M&BM Express OOD, Bulgaria – a local privately-owned postal services operator, providing a full range of mail and parcel services, including hybrid-mail. Post acht […]

rules-of-competition-risks-and-opportunities

Rules of Competition – Risks and Opportunities

On June 12, 2012 Boyanov & Co. and the Commission on Protection of Competition, together with the international law firms Allen & Overy and Freshfields Bruckhaus Deringer, and the economic consultants RBB Economics, co-organized and hosted a seminar entitled “Rules of Competition – Risks and Opportunities” in Sofia. The seminar was the third joint event […]

competition-authority-rejects-allegations-against-novartis-brought-by-local-pharmaceuticals-distributor-2

Competition Authority Rejects Allegations against Novartis Brought by Local Pharmaceuticals Distributor

Borislav Boyanov & Co. successfully defended global pharmaceuticals manufacturer Novartis against allegations brought by a local pharmaceutical distributor of impeding that distributor’s participation in hospital tenders. Upon review of the case, the competition authority found that the claimed infringement was not committed and rejected the complaint.       Copyright picture: Novartis

competition-authority-rejects-complaint-against-worldwide-formwork-producer

Competition Authority Rejects Complaint against Worldwide Formwork Producer

Boyanov & Co. represented Doka, a worldwide producer and supplier of advanced construction formwork, based in Austria, in a proceeding before the Commission for the Protection of Competition, brought by a major international competitor, on allegations of unfair competitive practices and on know-how related grounds. By a decision of December 8, 2011 the competition authority […]

boyanov-co-advises-nis-petroleum-on-merger-control-aspects-of-the-set-up-of-its-gas-stations-network-in-bulgaria

Boyanov & Co. Advises NIS Petroleum on Merger Control Aspects of the Set-up of its Gas Stations Network in Bulgaria

Boyanov & Co. advised NIS Petroleum – the Serbian vertically integrated incumbent petrol and gas supplier, on the merger control aspects of the set-up of its gas stations network in Bulgaria. The network is to be set-up by way of acquisitions of a number of independent gas stations.         Copyright picture: NIS […]

supreme-administrative-court-quashes-competition-authoritys-decision-concerning-creative-competition-organised-in-the-framework-of-promotion

Supreme Administrative Court Quashes Competition Authority’s Decision Concerning Creative Competition Organised in the Framework of Promotion

The Supreme Administrative Court has quashed the decision of the Commission for the Protection of Competition by which it imposed a sanction on a local manufacturer, for organising, as part of a promotion, a creative competition among high school classes for the best mini-website, the prize for which was a trip to the USA for […]

final-court-instance-definitively-upholds-competition-authoritys-decision-in-telecoms-tying-case

Final Court Instance Definitively Upholds Competition Authority’s Decision in Telecoms Tying Case

Bulgaria’s final instance of judicial review the Supreme Administrative Court definitively confirmed the Bulgarian competition authority’s decision rejecting an abuse of dominance complaint brought by Bulgaria’s incumbent telecom BTC/Vivacom against CableTel, now Blizoo Media and Broadband. The complaint was based on the fact that CableTel/Blizoo required subscribers wishing to use one of its digital services […]

boyanov-co-successfully-defends-illegal-bundling-case-brought-on-unfair-competition-grounds

Boyanov & Co. Successfully Defends Illegal Bundling Case Brought on Unfair Competition Grounds

Boyanov & Co. successfully defended Blizoo Media and Broadband, a major local Pay-TV, internet and telephony operator, against a complaint brought before the Bulgarian competition authority by a competitor in connection with alleged illegal bundling and pricing below cost of Pay-TV, internet and telephony services. By a decision of October 25, 2011 the competition authority […]

competition-authority-clears-unconditionally-unilevers-acquisition-of-local-ice-cream-producer-darko

Competition Authority Clears Unconditionally Unilever’s Acquisition of Local Ice Cream Producer Darko

By a decision of October 13, 2011 the Commission for the Protection of Competition unconditionally authorised Unilever’s acquisition of Darko’s ice cream business. Darko is a manufacturer and brand owner of some of the best known local ice cream brands in Bulgaria. While Unilever has a strong presence worldwide in ice cream with brands such […]

boyanov-co-successfully-defends-merger-control-clearance-decision-in-court

Boyanov & Co. Successfully Defends Merger Control Clearance Decision in Court

In 2010 Boyanov & Co. successfully obtained merger clearance for a major German food retailing chain, relating to the acquisition of the local assets of another international food retailer, active in Bulgaria. The case was referred from the European Commission to the Bulgarian competition authority following a request made under Art. 9 of the EU […]

competition-authority-clears-unconditionally-constantia-packagings-acquisition-of-asas

Competition Authority Clears Unconditionally Constantia Packaging’s Acquisition of ASAS

Borislav Boyanov & Co. represented and advised Constantia Packaging (www.constantiapackaging.com), a leading international manufacturer of packaging, corrugated board and aluminium products in respect of the merger clearance of its acquisition of ASAS, a leading Turkish manufacturer of flexible packaging, active in Bulgaria. The Commission for the Protection of Competition unconditionally cleared the merger. Borislav Boyanov […]

allied-irish-banks-sold-its-49-99-interest-in-bulgarian-american-credit-bank

Allied Irish Banks sold its 49.99% interest in Bulgarian-American Credit Bank

On June 17, 2011, following receipt of the relevant competition and regulatory clearances, Allied Irish Banks, p.l.c. (”AIB”) sold its entire stake of 49.99% in the Bulgarian-American Credit Bank (“BACB”) to CSIF AD. Borislav Boyanov & Co. acted as counsel to the seller, AIB, on all aspects of the transaction. As part of the deal […]