DIANA CRÂNGAŞU

Partner

Bio

Diana Crângaşu founded 360Competition in 2021. In the last 15 years of experience Diana advised clients in prominent cases of investigations of the European Commission (including in relation to the first dawn raids performed in Romania) and of the Romanian Competition Council and in domestic and international deals, advising clients on transactional issues, due diligence findings and multi-jurisdictional merger clearances. Diana worked in both Romania and France and she has a wide range of experience in dealing with the European Commission, the Romanian Competition Council, other EU and non-EU competition authorities in merger clearances, antitrust and state-aid cases.

Diana advises numerous clients regarding alleged cartels or abuses of dominant position, horizontal and vertical agreements and competition litigation in sectors like financial and banking, insurance, pharma, energy, telecom, consumer goods and retail, transportation, automotive, media, agriculture or construction.

Her expertise covers M&A deals, obtaining timely clearances of the transactions in Romania but also coordinating multi-jurisdictional filings in foreign jurisdictions such as France, Germany, Turkey, Ukraine or Serbia.

For her clients, Diana develops competition compliance programs, providing tailored trainings, e-discovery, audits, mock dawn raids and compliance manuals.

Diana continues to supervise the competition practice of Clifford Chance Bucharest, overseeing its local competition team, as well as working closely with the antitrust teams of other Clifford Chance offices.

  • LL.M., University of Bucharest (2004)

Experience highlights

  • A major Romanian gas company in one of the few major antitrust investigations launched by the European Commission in Romania regarding an alleged anti-competitive agreement, closed without fines for the client. This included the assistance related to the first dawn raids performed in Romania by the European Commission jointly with the Romanian Competition Council.

  • A leading gas distribution company in Romanian on the investigation run by the Romanian Competition Council for an alleged abuse of dominant position on the market of natural gas distribution.

  • A Romanian industrial company on the investigation run by the Romanian Competition Council for an alleged cartel, including during the dawn raids of the authority simultaneously carried out at several locations and the subsequent challenge of the dawn raids papers.

  • A leading telecommunication company in Romanian on the investigation run by the Romanian Competition Council for an abuse of dominant position, including on the subsequent litigation against the decision issued by the authority.

  • A global telecom company in relation to a complaint before the French Competition Authority regarding a potential abuse of dominant position.

  • A global bank with presence in Romania in relation to the investigation of the Romanian Competition Council on the Romanian banking market regarding a potential anticompetitive agreement, finalised with no fine applied to the client.

  • An international insurance company during its investigation by the Romanian Competition Council for an alleged cartel between the insurance companies in Romania, closed with no fine applied to the client.

  • A global leader in cybersecurity technology on the requests of information received from the European Commission with respect to the investigations opened against other global technology companies.

  • A leading Romanian consumer goods retailer on an antitrust investigation opened by the Romanian Competition Council.

  • A large television and entertainment international company on an antitrust investigation opened by the Romanian Competition Council.

  • Three media companies on an investigation conducted by the Romanian Competition Council for an alleged anti-competitive agreement, including assisting the companies during the dawn raids of the authority simultaneously conducted at several locations.

  • An animal health company in relation to a compliant made by a distributor before the Romanian Competition Council which was dismissed by the authority with no sanctions for the client.

  • Advising Abris, in relation to several major acquisitions on the Romanian market such as Cargus, Urgent, Green Group companies, Pehart Tec, Global Technical Group companies, unconditionally cleared by the Romanian Competition Council and several national competition authorities in the Central and Eastern Europe.

  • CVC Capital Partners in obtaining the Romanian merger control clearance for the acquisition of the controlling stake in one of the largest pharmaceutical company Alvogen part of multi-jurisdictional transactions).

  • Advising Innova Capital on obtaining the Romanian merger control clearances for some of its acquisitions in Romania (such as Energobit, Provus, Romcard).

  • Advising Affidea Group on obtaining the Romanian merger control clearance for the acquisition of Hiperdia netwok of medical clinics in Romania, including on the commitments accepted by the Romanian Competition Council.

  • Advising First Bank in relation to the Romanian merger control clearance for the acquisition of Bank Leumi Romania.

  • Advising Deutsche Bank on obtaining the Romanian merger control clearance in relation to the acquisition of a non-performing loans portfolio of approx. half billion euro from Volksbank Romania.

  • Advising Crédit Agricole in relation to the Romanian merger control clearance of the sale of Crédit Agricole Bank Romania to Vista Bank Romania.

  • General Electric in obtaining the Romanian merger control clearances for two of its recent acquisitions (part of multi-jurisdictional transactions).

  • Advising German-based REWE / DerTour in relation to the Romanian merger control clearance for the acquisition of Eurolines Romania’s travel agency division.

  • Advising Nidera on obtaining the Romanian merger control clearance in relation to the acquisition of two of the largest port operators and grain export terminals in the Black Sea port of Constanta, Romania.

  • Advising Immofinanz AG on obtaining the merger control clearances in Romania, Ukraine and Turkey in relation to the acquisition of the regional residential and commercial real estate developer Adama.

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  • One of the leading telecommunication company of the competition and merger control aspects in relation to a joint venture established with a major telecommunication company with respect to joint procurement for customer equipment, network equipment, service platforms and IT infrastructure.

  • A large number of companies in various industries (such as leading pharmaceutical companies, the largest hypermarket chains in Europe, a leading Romanian meat processing business, an international bank, an international insurance company, a global leader in manufacturing of automotive components, a multinational technology equipment company, a regional leader in isolation solutions, a major multinational conglomerate corporation, an important Romanian producer of electrical equipment, a regional private equity fund, a leading Romanian courier company) on setting up competition compliance programs that include tailored audits, organising mock dawn raids with interviews of the managers, delivering compliance trainings and drafting compliance manuals.

  • A major pharmaceutical manufacturer in relation with the competition and IP aspects of the price regulation and commercial disputes related to the parallel trade of some of their products.

  • A leading manufacturer of automotive solutions in relation with the competition and IP aspects of the licensing and distribution agreements with one of its competitors.

  • Advising a company active in the meat processing regarding day-to-day competition matters and sensitive competition law aspects of their activity in Romania, including with respect to the conditions of the exchange of commercially sensitive information.

  • Advising several pharmaceutical producers with their day-to-day competition matters and sensitive competition law aspects of their activity in Romania, including structuring and fine-tuning their distribution agreements regarding territory and customer allocation provisions.

  • Advising and providing competition law assistance in relation to day-to-day activities of one of the main food producers, including an analysis of the competition compliance of its discount policy and its distribution agreements.

  • Large international banks in connection to the state aid issues raised by the structuring of the loan agreement granted to Romanian state companies.

  • A major aluminium producer in connection to an investigation of the European Commission with respect to an alleged illegal state-aid granted by the Romanian state.

DIANA CRÂNGAŞU

Email
[email protected]

Phone
+40 722 560 294