The ECJ confirms Commission’s power to impose high fines in cartel cases

Peter Citron, of Hogan Lovells, Belgium, has alerted today that on the 9th July the ECJ has endorsed the power of the European Commission to impose large fines on multinational companies operating at various levels of the manufacturing and supply chain. It confirms that, for the purposes of cartel fine calculation, the Commission may take into account non-EEA sales of cartelized inputs if these inputs have been built into finished products and subsequently sold to a third party in the EEA … Continued

Meet Geraldine Spiteri !

I was admitted to practice law in 2002 and is a member of the Chamber of Advocates. I subsequently qualified in the specialised areas of EU and Comparative Law (Magister Juris at University of Malta) and International Maritime Law (LL.M. at the IMO International Maritime Law Institute).I lecture at the MCAST Maritime Institute and MCAST Institute of Agribusiness, as well as the European Institute of Education in matters relating to maritime law. I have served as a judicial assistant at … Continued

The Malta Bargains Decision – Clarifying the Position of Authorities

In a recent judgement of the Competition and Consumer Tribunal, the Office for Competition obtained confirmation that a public authority, in its dealings with market players, does not qualify as an ‘undertaking’ in terms of the Competition Act, unless it is actually performing a commercial function in the market. The case concerned a subsidy granted by the Malta Tourism Authority to tourism operators: the claimant alleged that the authority discriminated against it in the grant of said subsidy when compared … Continued

Managing Your Family Business

Every owner of a closely-held family business wants to know the business will continue—even thrive—once they’re gone. A well run, well managed family business can provide for you and your loved ones long after you’ve stepped down from its operation. It can even support your family after you’re gone.   Malta has a reliable trusts legislation akin to other more experienced jurisdictions and thereby draws on that experience in its drafting and administration. While not holding a trust authorisation in … Continued