Two rules are of key importance in competition law: one that prohibits collaboration between companies to restrict competition (for example, cartels) and another which prohibits companies with a dominant position from abusing their position of power in the market.
Swedish businesses must also comply with the corresponding provisions in EU law if restriction of competition affects trade between Sweden and another Member State to a noticeable extent. Competition law also contains rules on checking company concentrations in the event of acquisitions. Notification shall be made to the Swedish Competition Authority if the annual turnovers of the companies concerned exceed certain set amounts.
What has been said above entails that an assessment from the point of view of competition law is necessary for most types of commercial agreements, including company purchases and sales.
Fylgia’s specialists have experience of providing advice in matters relating to competition law, such as reviewing agreements for companies of various sizes and in different industries. We also represent companies in their dealings with competition authorities and in courts when necessary.