Competition law is relevant to all businesses. Safe handling of the competition rules secures the value of your business – and will keep your business ready for a potential sale.
Infringement of Danish or EU competition law may have severe consequences, including heavy fines, damages claims, prison, exclusion from public tender procedures, loss of goodwill, and uncertainty about the validity of contracts.
Proper knowledge of competition law is necessary not only to avoid infringements but also to make sure that beneficial and legitimate contracts are not abandoned because of exaggerated fear of infringing the competition rules.
Furthermore, competition law may be a helpful tool for businesses exposed to unfair conduct from dominant enterprises.
Intra.legal advises on all aspects of competition law, including:
• Distribution agreements
• Assessment and drafting of non-competition clauses
• Joint ventures
• Consortia agreements
• R&D cooperation
• Specialisation agreements
• Merger notifications
• State aid
Intra.legal can review existing agreements in order to ensure that they comply with the competition rules. Such a review may be particularly relevant before the purchase or sale of a business.
Intra.legal also assists businesses in developing and maintaining compliance programs and dawn raid manuals. A compliance program ensures that all employees know how to act in order to comply with the competition rules, while a dawn raid manual helps a business to handle an unannounced visit from the competition authorities.
In connection with mergers and acquisitions, Intra.legal handles merger notifications to the relevant competition authorities and advises on non-competition clauses and pre-closing coordination. Intra.legal also performs due diligence on the target company's contracts.
Asser Rung-Hansen has extensive experience in dealing with the Danish competition authorities in connection with complaint cases, merger notifications and dawn raids. In 2020 he launched Mergerfilers, an international guide on merger control issues.
