McGuireWoods London partner Matthew Hall was quoted in a
March 26, 2020 Compliance Week article on antitrust/competition law
compliance challenges European companies face during the COVID-19 crisis.
Hall discussed the potential for competition law violations during the
crisis, particularly in the areas of abuse of dominant position, such as through
price-gouging, and collaborating too closely with competitors – even under the
temporarily relaxed rules.
“Companies still need to be aware that even if EU governments do want to
relax the rules to enable closer coordination between competitors, it does not
mean that competition law ceases to apply to the arrangements they put in
place,” said Hall, a member of the firm’s COVID-19 Response Team. “Companies can
still be found to have breached competition law, even if the government has
seemingly sanctioned them by allowing closer cooperation.”