According to the media, General Electric has filed a suit in Kentucky against main rival Whirlpool. GE alleges the company overpaid for a piece of refrigeration equipment and is arguing that the price was jacked-up due to collusion between Whirlpool and two European suppliers. Reports say the allegations point to events in the 1990s an concern compressors, used in refrigerators. GE, one the largest buyers of those parts, is seeking an undisclosed amount of compensation; Whirlpool denies any wrongdoing.
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Norton Rose Fulbright has announced the addition of two seasoned professionals, Veronica Pinotti and Martino Sforza, to its antitrust and competition practice in Milan. According to a statement released by the firm on Monday, both lawyers have joined as partners, bringing a wealth of expertise in various facets of competition law.
Martino Sforza’s practice focuses on a range of areas, including consumer protection, data privacy, and regulated markets, in addition to his extensive work in antitrust matters. His broad experience makes him a valuable addition to the firm’s Milan office.
Veronica Pinotti, also joining from White & Case, specializes in advising clients on complex legal matters involving joint ventures, mergers and acquisitions, cartels, and abuse of dominance. She is also highly experienced in navigating state aid issues and regulatory concerns.
Source: Bloomberg
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