White & Case Helps Nycomed Resolve Its Case with the European Commission
Global law firm White & Case LLP successfully represented Nycomed, a pharmaceutical company recently acquired by Takeda, the largest pharmaceutical company in Japan, in a European Commission ("the Commission") antitrust investigation. Following a detailed examination of the facts, the Commission today closed the case without making any finding that Nycomed violated the law and without imposing any fine.
"We are very pleased for Nycomed that the Commission has closed this case," said Axel Schulz, a White & Case partner based in Brussels. "The result confirms that Nycomed has been fully compliant with Article 101 of the Treaty on the Functioning of the European Union, which prohibits anti-competitive practices between companies."
The White & Case team advising Nycomed included Pontus Lindfelt and Axel Schulz.
This achievement adds to other recent notable successes for the Brussels based competition team which include victories for Toshiba, Unipetrol and Uralita in three major cartel cases heard before the European General Court.
For more information please speak to your local media contact.