Antitrust Comp_740x360

New Merger Filing Thresholds In Germany and Austria

Merger notification obligations are changing in Germany and Austria, as new alternative jurisdictional thresholds based on the "transaction value" are being introduced into the respective national regimes, previously solely based on turnover thresholds.GermanyIn Germany, the introduction of a new ...

Finding a niche to combine his passion for international law and competition law, Till Steinvorth is a partner in Orrick’s Antitrust & Competition practice group in Düsseldorf. He has practiced in several other major European centers, including Berlin, London and Brussels, and he received his PhD in Italy. It was there when his interest in European law was piqued and that brought him to the area of competition law.

Till practices in all aspects of competition, including mergers, compliance, cartels, litigation, abuse of dominance, among others – but his interest in antitrust damages claims has become a highlight of his practice. For example, he has brought an action for damages against the members of the German "sugar cartel" on behalf of a manufacturer of sweets and confectionary. This is one of the very first damages actions in Germany where the members of a cartel are being sued to disclose information for calculating the quantum of damages. Cartel investigations are also a centerpiece of his practice, including several matter where he has represented multinational companies in cartel investigations before the European Commission or the German Federal Cartel Office.

Till also pursues international trade and compliance matters, including matters involving foreign investment filings in Germany. He teaches competition law at the FOM Hochschule für Oekonomie und Management in Essen.

Till has been ranked by leading German business daily Handelsblatt among "Germany's Best Lawyers" for competition law (2020). He has also been ranked as top competition lawyer 2019 by the German business weekly WirtschaftsWoche.

  • Till has advised the following clients in cartel cases:

    • Multinational group in detecting an illegal cartel and cooperating with the competition authorities
    • German furniture manufacturer in a price fixing investigation carried out by the German competition authority
    • German media company in a cartel investigation carried out by the German competition authority
    • Japanese electronics company in a global cartel investigation
    • International construction group in the German competition authority’s sector inquiry into the production facilities for road asphalt
    • Car parts supplier in a cartel investigation carried out by the EU
    • Manufacturer of precast concrete products in a cartel investigation carried out by the German competition authority
    • Pfleiderer AG in in the German chipboards cartel investigation
    • International manufacturer in the German radiator cartel investigation 

    Companies he has advised in merger control cases include:

    • KUKA Home on the acquisition of the furniture manufacturer Rolf Benz
    • STEAG on the acquisition of the business unit Krantz from the Caverion group as well as several other transactions
    • ECOM Agroindustrial on the acquisition of assets from Euromar Commodities
    • Axa in several real estate transactions
    • Integrity Capital Partners, QFAT and Advanced Technologies & Materials (AT&M) on the acquisition of control of COTESA GmbH
    • EQT on the sale of the BackWerk group
    • Vitruvian Partners on the acquisition of the online loans platform Smava and the security software provider Bitdefender
    • SNAM in its attempt to acquire a share in the Nord Stream pipeline Eugal
    • Hitachi Chemical Co. on the acquisition of the ISOLITE Group
    • Fagerhult on the acquisition of WE-EF and other transactions
    • Paulig AB on the acquisition of control over the Fuchs Group in Germany
    • Thales SA on the acquisition of sole control of Thales-Raytheon Systems Company SAS
    • Soprema SA on the acquisition of sole control of Pavatex Holding AG and other transactions
    • World Triathlon Corporation on the acquisition of the mass participation sports business of Lagardère
    • nobilia on the acquisition of FBD International SAS
    • GEA on the acquisition of Hilge GmbH & Co. KG
    • Telenor in its attempt to merger its Danish operations into a joint venture with TeliaSonera in Denmark
    • Millicom International Cellular S.A. in several transactions
    • Conrad Electronic on the acquisition of the online shops of
    • Aurubis on the acquisition of the rolled copper products division of Luvata Oy
    • The senior lenders of German cable operator PrimaCom in their acquisition of control over the company after it had filed for insolvency
    • Bominflot on the acquisition of the bunker fuel supplier SBI Holding
    • Continental AG on its acquisition of the automobile supplier Siemens VDO
    • Permira and KKR on their acquisition of the German TV broadcaster ProSiebenSat.1
    • MAN AG on its hostile take-over bid for the Swedish truck and bus manufacturer Scania AB
    • Vossloh AG on its attempted acquisition of the concrete sleepers division of Pfleiderer AG
    • Brambles Industries on the sale of its waste management division Cleanaway to the SULO group