Competition & State Aid

Payment card acceptance in Hungary

May 2019 – The Hungarian Competition Authority ("HCA") has published its draft sector inquiry report on payment card acceptance in Hungary.
The payment industry, in particular interchange fees, has long been the subject of significant scrutiny...

Kinstellar announces two Partner appointments

April 2019 – Kinstellar, Emerging Europe and Central Asia’s leading independent law firm, is delighted to announce the promotions to Partner of Antonia Mavrova in Sofia and Tomáš Čihula in Prague.
Antonia Mavrova, Sofia
Antonia has...

Kinstellar advises Veolia Energie International on the acquisition of a combined-cycle natural gas-fired power plant from Slovintegra

February 2019 – Kinstellar has recently advised the Slovak branch of the French energy giant Veolia Energie International on the acquisition from the local investment group Slovintegra of Slovintegra Energy and of a group of related companies, including...

Major procedural safeguards introduced for competition law enforcement in Ukraine

February 2019 – On 6 February 2019, the Ukrainian parliament adopted a law (the "Law") introducing and enhancing a number of instruments to make companies less susceptible to investigations by the Antimonopoly Committee of Ukraine (the "AMC"). The most...

When freedom of contract slips into an abuse of a stronger bargaining position. The Bulgarian Competition Authority fines A1, the Bulgarian subsidiary of Telekom Austria.

December 2018 – Last week, the Bulgarian competition authority fined A1, the Bulgarian subsidiary of Telekom Austria, a total of BGN 804,340 (approximately EUR 411,252) for abusing its bargaining power by imposing high sales targets on a local distribution...

Romanian Competition Council’s preliminary conclusions on the retail banking sector inquiry launched in 2016

November 2018 – Following the adoption of EU Directive (EU) 2015/2366 of the European Parliament and Council of 25 November 2015 on payment services in the internal market (“PSD2”), the Romanian Competition Council (the “RCC”) launched in 2016...

Kinstellar Partner Roman Oleksik speaks at a conference on GDPR in Bratislava organised by renowned publishing house C. H. Beck

October 2018 – Roman Oleksik, Partner in Kinstellar’s Bratislava office, spoke at a conference on the EU’s new General Data Protection Regulations (GDPR) organised by C. H. Beck, a renowned German publishing house of professional journals and books....

Ukraine: New guidelines on state aid in relation to international financial institutions

September 2018 – The Antimonopoly Committee of Ukraine published new guidelines on state aid dated 6 September 2018 that clarify the AMC's approach to financing provided by international financial institutions and to state and municipal guarantees securing...

Kinstellar advises Promat Comimpex and Agroind Cauaceu on the sale of shares, in Romania

June 2018 – Kinstellar has advised the shareholders of Promat Comimpex and Agroind Cauaceu, two of the largest agribusiness companies in Romania, on the sale of 40% of their shares to Ameropa, a leading Swiss grain and fertiliser trader. Promat Comimpex...

Kinstellar advises Marriott on the opening of Aloft Kiev Hotel

May 2018 – Kinstellar has acted as Ukrainian counsel to International Hotel Licensing Company S.a r.l., a subsidiary of Marriott International, in connection with the opening of Aloft Kiev, the first managed hotel of Marriott International in Ukraine.