Todor Papanov
Counsel
Areas of Focus
- Antitrust & International Competition
- Antitrust Mergers & Acquisitions
- EU/UK Competition
- Antitrust Policy & Regulation
- National Security
- Mergers & Acquisitions
- Global Investment Review
- Cartel Investigations & Criminal Antitrust Prosecutions
- Telecom, Media & Technology
- Technology
- Energy & Infrastructure
- Oil & Gas
- Infrastructure & Transportation
- Advises on all aspects of UK and EU competition law, focusing on merger control and antitrust investigations.
- Advises on national security and foreign investment regimes around the globe.
- Significant experience in digital platforms regulation, and the application of competition law to online services and the e-commerce sector.
Todor is a dual UK and European Union (EU) qualified competition and foreign investment lawyer based in Akin’s London office.
He advises on a wide range of competition law matters, including multijurisdictional antitrust and foreign investment reviews, cartel investigations (Wood Pulp), follow-on litigation (DRAM Chips), sector enquiries (App Stores), market investigations (Marketplaces; Mobile Browsers & Cloud) and competition law compliance.
Todor has secured merger control approvals under both the UK and the EU regimes, and also has considerable experience in UK Phase 2 investigations (JD Sports/Footasylum), as well as appeals before the UK Competition Appeal Tribunal (CAT).
Todor frequently advises on the application of competition law to commercial agreements, distribution and trading practices under both the UK and the EU vertical rules.
In addition, he has assisted a broad range of international clients as they seek to navigate the increasingly complex national security and foreign investment screening landscape around the world, as well as with respect to other regulatory matters, such as subsidy control.
Todor has experience in various industries and sectors, such as retail, tech, e-commerce, agriculture, oil & gas, construction, chemicals and transport. In recent years, as part of his tech-related practice, Todor has advised online platforms on various matters relating to digital regulation in the EU (under the Digital Markets Act (DMA) and Digital Services Act (DSA)) and in the UK (under the Digital Markets, Competition and Consumers Act (DMCC) and Online Safety Act (OSA)).
Prior to joining Akin, he worked in the London offices of two leading international law firms and a competition law boutique.
Todor is a guest lecturer at Queen Mary Law School, University of London and at the Dickson Poon School of Law, King's College London.
International Merger Control – Main Parties
- Komatsu and NTT DOCOMO on the European competition law aspects of the formation of their Smart Construction joint venture (JV) “Landlog” in Japan, including obtaining a merger control approval from the European Commission (EC).
- Footasylum on its completed acquisition by JD Sports, which was subject to an in-depth Phase II review by the Competition and Markets Authority (CMA) and also subject to appeals in the UK CAT.
- A consortium of the six biggest agricultural commodity traders (ADM, Bunge, COFCO, Cargill, Glencore, LDC) on the establishment of a JV to create a digital process management platform “Covantis” relying on blockchain technology.
- Ebiquity Plc, the international media audit and investment consultancy, on its acquisition of Media Management Inc and MediaPath Network AB, including merger control and commitments procedures.
- Vitec Group, a multinational manufacturer of photography equipment, on its acquisition of a photography background paper producer, Savage Universal.
- Rio Tinto on its acquisition of a controlling stake in the aluminium recycling JV Metalco with Giampaolo Group.
- Stolt-Nielsen, Golar LNG and Höegh LNG on the establishment of their JV “Avenir LNG” and its competition law compliance program. Also, advising on Avenir’s subsequent acquisition of Nordic and German LNG businesses.
- Ingevity Corporation, a major US specialty chemicals company, on its acquisition of the UK’s largest caprolactone business CapaTM.
LanguagesBulgarian
Spanish
Bulgarian
Spanish
EducationL.P.C., BPP University Law School, England, 2015
LL.B. with Business, University of Warwick, 2014
P.G.D.L., King's College, London, 2020
L.P.C., BPP University Law School, England, 2015
LL.B. with Business, University of Warwick, 2014
P.G.D.L., King's College, London, 2020
Bar AdmissionsAdmitted as Advocaat, Belgium
Solicitor, England and Wales
Admitted as Advocaat, Belgium
Solicitor, England and Wales
- Co-author, “Chambers Merger Control Guide 2024 - UK”, Chambers and Partners, July 2024.
- Co-author, “UK Foreign Investment Control – Updated Guidance Issued”, Concurrences Bulletin, May 2024.
- Co-author, “Chambers Merger Control Guide 2023 - UK”, Chambers and Partners, July 2023.
- Co-author, “UK CMA proposes a new vertical agreements block exemption order” Open Letter, Concurrences Bulletin, July 2022.
- Co-author, “Facebook/Giphy: the CMA’s unique approach to analysing tech deals”, Concurrences Bulletin, June 2022.
- Co-author, “Response to the UK Government’s Subsidy Control Consultation”, Concurrences Bulletin, December 2021.
- Co-author, “Response to the European Commission’s public consultation on a block exemption regulation and guidelines on vertical agreements”, Concurrences Bulletin, October 2021.
- Co-author, “UK launches consultation on new domestic regime for subsidy control following the conclusion of the UK-EU Trade and Cooperation Agreement”, Concurrences Bulletin, February 2021.
- Co-author, “CMA launches consultation on the future of the UK competition rules applicable to vertical agreements”, Concurrences Bulletin, February 2021.
- Co-author, “CMA orders Viagogo to divest StubHub’s international arm”, Concurrences Bulletin, February 2021.