Posted in M&A Law, Privacy

MIND WHAT YOU SUBMIT – €110 MILLION FINE FOR SUBMITTING MISLEADING INFORMATION DURING A MERGER NOTIFICATION

The recent case of Fcebook shaking up data from Whatsapp  is a clear example of a breach following a violation of the EUMR(Merger Revulation), tackling the 1% of the joint turnover of bot companies.

What happened, is that Facebook declared it had no mean to link personal data, while Whatsapp updated Terms introduced this feature. The Commission found that such technology was already available in 2014 and Facebook was aware of it.

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Posted in Contract Law, M&A Law

The difference between making a statement and promising that it is true: a slippery question

More and more convinced of the lack of uselessness of warranties in commercial contracts.

In this case, the court decided that a given warranty was not assumable as representation.

Yet, by so allowing, it is possible to trash all pre-contractual exchange as mere chit-chats without granting them any legal validity, despite their obvious purpose.

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