Charlesde Navacelle

Partner

Brussels + 32.2.645.15.48

Charles de Navacelle represents clients before the European Commission and other antitrust authorities across the globe in the context of large strategic mergers and industry consolidations as well as in antitrust investigations relating to alleged international cartel activity and abuse of dominant position cases.

After starting in the Firm's Washington, D.C. Office, Charles transferred to Europe where he assists clients in Brussels and Paris. He has extensive experience representing the strategic interests of clients in highly concentrated industries and through consolidation waves, both as third parties and notifying parties (e.g., Bombardier Transportation in Siemens/Alstom and in Alstom/Bombardier Transportation). He has been involved in the antitrust analysis of proposed acquisitions and cross-border mergers in various industry sectors (transportation, consumer, IT, chemicals, health care, etc.) that have entailed multiple and complex antitrust reviews in numerous jurisdictions.

Charles also has significant experience representing clients in large alleged price-fixing and cartel cases (e.g., Dole in the bananas cartel) as well as assisting in leniency proceedings and settlements with antitrust authorities (e.g., Mastercard in interchange fee cases).

He also has assisted clients in abuse of dominant position cases (e.g., representing Dell as third party in the Intel and Microsoft cases) and cases involving intellectual property interests.

In 2010, Charles was appointed Rapporteur (coordinator) of the Commission on the application of fines in French competition law ordered by the French Minister of Economy. He also was appointed as a Non-Governmental Advisor (NGA) to the European Commission's DG COMP at the International Competition Network (ICN) for 2022 to 2023.

Charles is a dual French and U.S. citizen and received his legal education in Europe and in the United States.

Experience

  • Korean Air obtains EU antitrust approval of acquisition of Asiana AirlinesJones Day advised Korean Air Lines Co., Ltd in securing EU merger control clearance following the European Commission's in-depth investigation of its landmark acquisition of Asiana Airlines, Inc., bringing together the two largest airlines in South Korea.
  • Bombardier sells transportation business to Alstom for €6.2 billionJones Day served as antitrust and French corporate counsel in the €6.2 billion sale of Bombardier Inc.'s transportation business to Alstom S.A.
  • OMNOVA acquired by Synthomer plc for $824 millionJones Day advised OMNOVA Solutions Inc. in its $824 million acquisition by Synthomer plc, a United Kingdom-based specialty chemical company.
  • Transportation company seeks advice in merger of Siemens and AlstomJones Day assisted a transportation company in relation to the merger of Siemens AG's Mobility Division with Alstom SA.
  • Confidential client defends worldwide investigations of alleged cartel activity in electrolytic capacitors sectorJones Day is defending a confidential client in worldwide investigations of alleged cartel activity in the electrolytic capacitors sector.
  • Procter & Gamble sells its beauty brands to Coty for $12.5 billionThe Procter & Gamble Company ("P&G") has merged its 43 beauty brands ("RMT Brands") of global salon professional hair care and color, retail hair color, cosmetics, and fine fragrance businesses, along with select hair styling brands with Coty Inc. in a Reverse Morris Trust transaction for $12.5 billion.
  • Parker Hannifin obtains EU General Court reduction of marine hose cartel fineJones Day represented Parker Hannifin Corporation and its Italian subsidiary, Parker ITR Srl, in connection with antitrust investigations in the European Union, the U.S., Brazil, Japan, and Australia relating to the conduct of manufacturers of marine hoses used to transport crude oil to and from ships.
  • CommScope acquires TE Connectivity's network business for $3 billionJones Day acted as worldwide antitrust counsel to CommScope Holding Company, Inc., a global network infrastructure and connectivity provider based in North Carolina, on its $3 billion acquisition of the Telecom, Enterprise and Wireless business of Switzerland-based electronics company TE Connectivity Ltd.
  • Monster Beverage enters into long-term commercial relationship with Coca-Cola and receives net cash payment of $2.15 billionJones Day represented Monster Beverage Corporation in connection with a series of transactions involving The Coca-Cola Company for a long-term commercial relationship in which Coke transferred its global energy drink business to Monster, Monster transferred its non-energy business and 16.7% of its common stock to Coke, the parties realigned their global distribution relationship, and Coca-Cola made a net cash payment of $2.15 billion to Monster.
  • Warner Music Group acquires Parlophone Label Group from Universal Music Group for £487 millionJones Day advised Warner Music Group on the competition law aspects of its acquisition of the Parlophone Label Group from Universal Music Group, a subsidiary of Vivendi, for £487 million (approximately US$765 million) in an all-cash transaction.
  • Warner Music Group intervenes in Universal's acquisition of EMI's recording business and Sony's acquisition of EMI's publishing businessJones Day served as lead counsel to Warner Music Group as a third-party intervenor in Universal's acquisition of EMI's recording business for €1.4 billion, as well as in the acquisition of EMI's publishing business by a consortium involving the Sony Corporation for total consideration of €1.6 billion.
  • Goodrich merges with industrial conglomerate United Technologies for $18.4 billionJones Day advised Goodrich Corporation in its $18.4 billion merger with United Technologies Corp., marking a major milestone for the company and strengthening its position in the commercial aerospace industry.
  • EDF acquires Italy's second-largest energy company Edison SpA in €3.8 billion (US$5 billion) dealJones Day advised Electricité de France SA ("EDF") in the acquisition of Edison S.p.A. ("Edison").
  • MasterCard defends against European investigations and litigation regarding interchange fees for payment card transactionsJones Day advised MasterCard in the seminal, ongoing appeal of the 2012 European General Court's judgment regarding the legality of certain MasterCard interchange fees related to payment card transactions, as well as on Member State investigations and related private litigation for damages.
  • Texas Instruments makes $6.5 billion acquisition of analog device and subsystems specialist National SemiconductorJones Day advised Texas Instruments Incorporated, a global analog and digital semiconductor IC design and manufacturing company, in connection with its $6.5 billion acquisition and related financing of National Semiconductor Corporation, a semiconductor manufacturer that specializes in analog devices and subsystems.
  • Computer Sciences Corporation acquires iSOFT Group for A$437 million (US$452 million)Jones Day advised Computer Sciences Corporation in its acquisition of iSOFT Group Limited, one of the world's largest providers of advanced healthcare IT solutions, for A$437 million (US$452 million), by way of a court-approved scheme of arrangement.
  • EDF sells minority equity stakes to Fluxys and Total in Dunkerque to develop largest new LNG terminal in EuropeJones Day has advised the EDF group on the opening of the share capital of Dunkerque LNG, a subsidiary of the EDF group dedicated to the construction and future ownership of the LNG terminal of Dunkerque, one of the largest LNG terminals in Europe with an annual regasification capacity of 13 billion m3.
  • Procter & Gamble acquired Ambi Pur, the air care business of Sara Lee, for $470 millionJones Day advised The Procter & Gamble Co. ("P&G") in its purchase of Sara Lee's Ambi Pur Business for EU 320 million ($470 million).
  • China Electronics and its wholly owned subsidiary CEIEC (H.K.) involved in $1.15 billion consortium takeover bid with Mitsui & Co. for TPV TechnologyJones Day advised China Electronics Corporation and its wholly owned subsidiary CEIEC (H.K.) Limited on a consortium takeover bid with Mitsui & Co., Ltd. for TPV Technology Limited whose shares are dual listed in Hong Kong and Singapore.
  • Dole defends against EC antitrust investigation of banana importersJones Day represented Dole Food Company in connection with the European Commission antitrust investigation into the conduct of banana importers.
  • Speaking Engagements

    • March 15, 2023
      "La Politique de la Concurrence", course on European Competition Policy and Practice, Ecole des Mines
    • March 20, 2019
      "La politique de concurrence", course on European competition policy and practice, Ecole des Mines de Paris
    • March 21, 2018
      Athens- l'Europe utile MP03 Program, course on European competition policy and practice, Ecole des Mines de Paris
    • March 15, 2017
      "Europe utile" Program, course on European competition policy and practice, Ecole des Mines de Paris
    • November 4, 2015
      Conference "Innovation in competition law and practice" in cooperation with the Friedrich Naumann Foundation for Freedom
    • March 18, 2014
      "Europe utile" Program, course on European competition policy and practice, Ecole des Mines de Paris