𝐈𝐦𝐚𝐠𝐢𝐧𝐞 ... 💭

You’re preparing to welcome a new investor. The atmosphere in your company is charged with anticipation, fresh ideas, renewed energy, and the promise of growth. The investor is set to join your board, equipped with standard minority veto rights to safeguard their investment.

During the final round of negotiations, you propose what seems like a straightforward and sensible clause: “Let’s agree that you will invest but not poach our employees”. Surely, that’s just common sense?

But then the investor’s legal counsel hesitates, exchanges glances, and responds: “That’s not allowed. It’s a cartel”.

You nearly spill your coffee. A cartel? That can’t be right. You turn to your legal team for clarification.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐦𝐨𝐫𝐞? Read our latest #inthepicture ‘No-poach agreements: common sense or cartel risk?’, or contact our competition counsel Mathieu Vancaillie or senior associate Michèle de Clerck 👉 https://lnkd.in/eJP3rQBk

#competitionlaw #nopoachagreements #cartel #europeancommission #BCA #ACM