Saverio Valentino’s practice focuses on advising companies on a wide range of issues under European and Italian antitrust and merger control law.

He also represents companies before the European Commission and the Italian Antitrust Authority (IAA), as well as before the EU courts of law and Italian civil and administrative courts.

Saverio joined the firm in 1998 and became a senior attorney in 2007. From 1998 to 1999 he was resident in the Brussels office, and from 2000 to 2001, he was resident in the Washington, D.C., office.

Before joining Cleary Gottlieb, Saverio worked with the law firm Freshfields in Brussels in 1996, and with the law firm Pappalardo & Associati in Brussels from 1996 to 1997. He also trained for a six-month period with the Directorate General I of the European Commission, in the unit dealing with multilateral commercial policies and WTO and OECD questions.

Notable Experience

  • Italmobiliare in obtaining the European Commission’s conditional clearance of the sale of its subsidiary Italcementi to HeidelbergCement.

  • Whirlpool in obtaining the European Commission’s unconditional clearance of the acquisition of Indesit Company.

  • SIAE, the Italian copyright collecting society, in the successful appeal before the EU General Court against the European Commission’s decision ascertaining a concerted practice among the European copyright collecting societies.

  • Eni in the European Commission’s investigation into an alleged cartel in the paraffin wax sector, as well as in the subsequent appeal before the EU General Court, which resulted in a nearly 40 percent reduction of Eni’s fine.

  • Metlac in successfully resisting the attempted acquisition by AkzoNobel, prohibited by the UK Competition and Markets Authority (the first prohibition decision relating to a concentration between two non-UK companies), whose decision was then confirmed by three different UK courts.

  • Unipol Gruppo Finanziario in obtaining the IAA’s clearance of the acquisition of Premafin and Fondiaria Sai.

  • Esso and American Express in IAA’s cartel investigations, both resulting in the adoption of decisions finding that no infringement was committed.

  • Google and Esso in obtaining the IAA’s approval of certain commitments, ending, respectively, abuse of dominance and cartel proceedings without a final infringement decision.

  • Fiat’s subsidiary Case New Holland in the European Commission’s investigation into alleged vertical restraints, which resulted in the dismissal of all charges.

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Publications

  • “Article 102 TFEU on Prohibition of the Abuse of a Dominant Position” and “Article 106 TFEU on Public Undertakings and Monopolies,” Smit & Herzog on The Law of the European Union, Matthew Bender, 2016 (co-author).
  • “Recent Developments in Italian Competition Law,” First Supplement and Update of Competition Laws Outside the United States, ABA Section of Antitrust Law, 2005 (co-author).