Nicholas Levy’s practice focuses on EU and UK antitrust law.

Consistently recognized by Chambers as one of the leading antitrust lawyers in Europe, Nicholas was named Global Competition Review’s “Dealmaker of the Year” in 2015.

He has extensive experience in notifying mergers and joint ventures under the EU Merger Regulation, coordinating the notification of international transactions, and advising on all aspects of antitrust law, including anti-cartel enforcement, collaborative arrangements, vertical agreements, and unilateral conduct.

Nicholas joined the firm in 1990 and became a partner in 1999.

Notable Experience

  • Abbott Laboratories on its acquisitions of Solvay Pharmaceuticals, St. Jude Medical, and Alere.

  • AbbVie on its acquisition of Pharmacyclics.

  • BASF in its successful appeal of a European Commission cartel decision.

  • Caterpillar in a successfully concluded European Commission antitrust investigation.

  • Celanese in connection with a European Commission investigation into the ethylene sector.

  • Chemours in a successfully concluded European Commission antitrust investigation.

  • The Coca-Cola Company in its landmark settlement with the European Commission.

  • DuPont in transactions involving ICI, Hoechst, Sabanci, Agfa, Teijin, Dow, and others.

  • Ecolab in a challenge to a decision of the UK Competition and Markets Authority.

  • Euronext on the then-proposed merger of London Stock Exchange and Deutsche Börse.

  • Goodyear on a transaction with Sumitomo.

  • Google in the European Commission’s investigation into its Android business and appeal to the General Court.

  • HCA in its successful challenge to a decision of the UK Competition and Markets Authority.

  • Heinz on a European antitrust investigation.

  • IMS Health (now IQVIA) on its landmark appeal of a European Commission decision and transactions with Cegedim and Quintiles.

  • Johnson Controls on its combination with Tyco.

  • Lafarge on a UK joint venture with Anglo American and its merger with Holcim.

  • Molson Coors on its acquisition of assets from AB InBev and SABMiller.

  • NYSE Euronext on its then-contemplated merger with Deutsche Börse.

  • Ryanair on its then-proposed acquisition of, and minority shareholding in, Aer Lingus.

  • Sony in the formation of SONY BMG and its acquisition of EMI Music Publishing.

  • UTC on General Electric’s then-proposed acquisition of Honeywell.

  • The Walt Disney Company in connection with a UK investigation into the pay-TV sector.

  • Whirlpool in the sale of its Embraco refrigeration compressors business to Nidec.

See More

Publications

European Commission Announces New Policy to Accept Member State Referrals for Merger Review Even if EC and National Thresholds Are Not Met,” by Nicholas Levy, Maurits Dolmans, Francisco Enrique González-Díaz, Romina Polley, Patrick Bock, Christopher J. Cook, Séverine Schrameck, Paul Gilbert, Paul Stuart, John Messent, and Dan Tierney, Cleary Gottlieb Alert Memorandum (October 2020)

UK Government Prohibits Acquisition of UK Supplier of Military Aircraft Components,” by Nicholas Levy, Maurits Dolmans, Romano Subiotto, Tihir Sarkar, Michael J. Preston, Sam Bagot, Nallini Puri, Paul Gilbert, Richard Pepper, John Messent, Esther Kelly, and Courtenay Stock, Cleary Gottlieb Alert Memorandum (September 2020)

Waiting for Brexit: Five Ways the CMA Could Improve UK Merger Control,” European Competition Law Review (September 2020) 

UK Trends and Developments,” by Nicholas Levy, Paul Gilbert, and Ricardo Zimbron, Chambers Merger Control 2020 (August 2020)

European Court Raises the EC’s Bar for Mergers in Concentrated Markets,” by Francisco Enrique González-Díaz, Patrick Bock, Daniel P. Culley, Bernd Langeheine, Richard Pepper, Nicholas Levy, Marco D'Ostuni and Séverine Schrameck, Cleary Gottlieb Alert Memorandum (July 2020)

Reforming EU Merger Control to Capture ‘Killer Acquisitions’ – The Case for Caution,” by Nicholas Levy and Henry Mostyn, Competition Law Journal (July 2020)

UK Government Introduces New Powers to Intervene in Mergers on Public Interest Grounds,” by Nicholas Levy, Maurits Dolmans, Romano Subiotto, Tihir Sarkar, Michael J. Preston, Sam Bagot, Nallini Puri, Paul Gilbert, Richard Pepper, Paul Stuart and John Messent, Cleary Gottlieb Alert Memorandum (republished July 2, 2020, by The Columbia Law School Blue Sky Blog) (June 2020)

European Merger Control in Times of Crisis,” by Nicholas Levy, Richard Pepper, Anita Ng, and Géraldine Babin, Cleary Gottlieb Alert Memorandum (May 2020)

UK Suspends Elements of its Antitrust Laws and Refocuses Enforcement in Response to COVID-19,” by Nicholas Levy, Maurits Dolmans, Paul Gilbert, John Messent, Ricardo Zimbron, Cleary Gottlieb Alert Memorandum (April 2020)

European Commission Urges Member States to Protect Suppliers of Essential Products From Foreign Takeovers,” by Giuseppe Scassellati-Sforzolini, Nicholas Levy, Michael J. Ulmer, François-Charles Laprévote, Richard Pepper, Cleary Gottlieb Alert Memorandum (April 2020)

CMA Ramps Up Merger Control Enforcement Ahead of Brexit,” by Nicholas Levy, Maurits Dolmans, Paul Gilbert and Ricardo Zimbron, Cleary Gottlieb Alert Memorandum (February 2020)

Five Years of Vestager: Reactions From the EU Competition Community,” Global Competition Review (October 2019)

Global Merger Control – Where to Now?” by Nicholas Levy, Alexander Waksman, and Lanto Sheridan, Journal of Antitrust Enforcement (September 2019)

Judicial Review of Merger Decisions: An Overview of EU and National Case Law,” by Nicholas Levy, foreword to e-Competitions Special Issue: Mergers Judicial Review (August 2019)

EU Merger Control,” by Nicholas Levy, Patrick Bock, and Esther Kelly, The Merger Control Review, Tenth Edition (August 2019)

European Champions – Why Politics Should Stay Out of EU Merger Control,” by Nicholas Levy, David Little, and Henry Mostyn, Concurrences – Revue Des Droits de la Concurrence (April 2019)

“The UK Financial Conduct Authority fines companies sharing strategic information on a bilateral basis during an initial public offering, Hargreave Hale / RAMAM” by Nicholas Levy, Sunil Gadhia, Paul Gilbert, David Little, Vassilena Karadakova, and Jonathan Kelly, Concurrences – Revue Des Droits de la Concurrence (February 2019) 

FCA Issues First Penalties for Competition Infringements,” by Jonathan Kelly, Sunil Gadhia, Nicholas Levy, James Brady, Paul Gilbert, David R. Little, and Vassilena Karadakova, Cleary Gottlieb Alert Memorandum (February 2019)

EU Merger Control,” by Nicholas Levy and Patrick Bock, The Merger Control Review, Ninth Edition (September 2018)

UK Government Proposes National Security and Investment Regime,” by Nicholas Levy, Maurits Dolmans, Simon Jay, Paul Gilbert, David R. Little, Matthew Hamilton-Foyn, John Messent, and Edward Crane, Cleary Gottlieb Alert Memorandum (August 2018)

“European Merger Control Law: A Guide to the Merger Regulation,” by Nicholas Levy (annual publication)

“UK Introduces New Thresholds for National Security Mergers,” by Maurits Dolmans, Nick Levy, Romano Subiotto, Paul Gilbert, and David Little, Cleary Gottlieb Alert Memorandum (March 2018)

Online Sales of Luxury Goods in Selective Distribution Networks – Coty Judgment,” Cleary Gottlieb Alert Memo, January 8, 2018

“The EC’s Increasing Reliance on Internal Documents Under the EU Merger Regulation: Issues and Implications," by Nicholas Levy and Vassilena Karadakova, European Competition Law Review, Issue: January 2018.

“The UK Government Proposes Greater Intervention in National Security and Infrastructure Mergers,” by Maurits Dolmans and Nicholas Levy, e-Competitions, Issue: October 2017-II, Date: October 26, 2017, pp. 1-10.

EU Merger Control,” by Nicholas Levy and Patrick Bock, The Merger Control Review, Eighth Edition (August 2017)

The EU Commission fines a company for providing incorrect or misleading information during its investigation on a merger (Facebook / WhatsApp)”, by François-Charles Laprévote, Maurits Dolmans, Thomas Graf, Nicholas Levy, Francisco Enrique González-Díaz and Christopher Cook, e-Competitions, No. 84276, June 2017, pp. 1-4.

“Article 101 and the Merger Regulation: A Single Analytical Framework?,” by Nicholas Levy, The Notion of Restriction of Competition (January 2017)

“A Comparative Assessment of the EU’s Reforms to Merger Control and Antitrust Enforcement,” by Nicholas Levy, Sven Frisch and Alexander Waksman, European Competition Journal, Vol. 11, No. 2-3, pp. 426-464 (January 2016)

“Why Competition Commissioners Should Be Cautious in Commenting Publicly on Active Antitrust Cases,” by Nicholas Levy and Andris Rimsa, European Competition Law Review, Vol. 36, No. 1, pp. 1-7 (January 2015)

“Expanding EU Merger Control to Non-Controlling Minority Shareholdings: A Sledgehammer to Crack a Nut?,” by Nicholas Levy, CPI Antitrust Chronicle, Vol. 12, No. 1 (December 2014)

“Access to Evidence in UK Merger Inquiries and Market Investigations: A Critical Commentary,” by Nicholas Levy, Paul Stuart and Ian Hastings, European Competition Journal, Vol. 10, No. 2, pp. 279-310 (August 2014)

“EU Merger Control and Non-Controlling Minority Shareholdings: The Case Against Change,” by Nicholas Levy, European Competition Journal, Vol. 9, No. 3, pp. 721-753 (December 2013)

“Missing the mark? – The Government’s overhaul of the UK’s Competition Regime,” by Nicholas Levy and Paul Gilbert, Legal Week (September 2011)

Events

November 2, 2020
Current Issues in Global Merger Control – Columbia Law School

September 7, 2020
Advanced EU Competition Law Conference 2020

July 20, 2020
Would Anything Have Changed? The Use of the Failing Firm “Defense” in Merger Control

July 1, 2020
Implications of the Three/O2 Judgment for EU Merger Control

April 9, 2020
Mergers: Filing, Review… Is It a 100% Deadlock Situation?

February 19, 2020
Concurrences 1st International Mergers Conference

June 27, 2019
MergerFest – Brussels

October 26, 2018
Antitrust and Developing and Emerging Economies Conference – New York

June 21, 2018
IGLEF’s Common Ownership and Its Role on Merger Enforcement

June 21, 2018
The Path Towards Modern EU Competition Policy: A 50+ Year Retrospective

June 7, 2018
GCR Live 6th Annual Conference - New York

February 23, 2018
Innovation Economics for Antitrust Lawyers

January 12, 19, 26, 2018
Brussels School of Competition: The Law and Economics of Merger Control

July 4-5, 2017
GCR Live 9th Annual Conference - Brussels

September 28, 2017
GCR Live 5th Annual Conference - New York

June 2, 2017
Columbia Law School Antitrust Conference: Law, Competition and Markets: Do Antitrust Laws Enhance Competition and Lead to More Efficient Markets? - Paris

May 15-18, 2017
IBC’s Legal Advanced Competition Law Conference - London

February 28, 2017
Brussels School of Competition - the Google Unpacked - A Review of the Ongoing EU Antitrust Cases

November 29, 2016
OECD Competition Committee Meetings - Best Practice Roundtables on Competition Policy

November 18, 2016
Association of Competition Economics 14th Annual Conference

November 7, 2016
GCR Live  4th Annual  Conference - New York

April 13, 2016
IBC’s Legal Merger Control 2016 - Brussels

February 26, 2016
Oxford University Centre for Competition Law & Policy Lecture Series

February 1-2, 2016
Global Competition Law Centre 11th Annual Conference - The Notion of Restriction of Competition: Revisiting the Foundations of Antitrust Enforcement in Europe - Brussels

October 19, 2015
New York University Law School - Guest Lecture

September 30, 2015
Fordham University 42nd Annual Conference on International Antitrust Law and Policy

October 21, 2014
Columbia University - Guest Lecture

June 19, 2014
Tilburg Law and Economics Center Seminar “European Merger Policy”