Giulia Carnazza
Giulia Carnazza

Giulia Carnazza

Counsel, admitted in Italy and Belgium

Brussels

+32 2 641 99 42 | +32 476 78 21 24
Giulia.Carnazza@ashurstperkins.com

Introduction

Giulia is an EU and Italian competition lawyer advising on antitrust, merger control, foreign investment, foreign subsidies and consumer law across traditional and technology-driven sectors.

Giulia Carnazza regularly advises clients in relation to Articles 101 and 102 TFEU proceedings and before both antitrust authorities and courts at EU and national level; merger notifications, antitrust compliance programs, contracts review and general advice on EU and national competition law. She also focuses on foreign direct investment control, the EU foreign subsidies regime and consumer law.

Her clients are active in all industries, including telecoms, payment services, energy, tech, and manufacturing.

Giulia has an LLM in European Law from the Université Libre de Bruxelles (ULB) and a law master's degree from the Libera Università Internazionale degli Studi Sociali LUISS - Guido Carli in Rome.

She is a native Italian and speaks fluent French and English. She is qualified in Italy (Rome Bar) and is registered in the E-List of the Brussels Bar.


Professional Experience
  • Babcock Mission Critical Services |2017-2022| in relation to a cartel investigation opened by the Italian Competition Authority concerning alleged bid rigging and price fixing conduct in the Italian market of helicopter rescue services and forest fire-fighting services, as well as in the following appeal before the administrative courts, which led to a reduction in the fine by 80%.
  • Althea Group |2018-2024| in relation to an investigation opened by the Italian Competition Authority into an alleged abuse of dominant position by manufacturers of digital imaging equipment in the aftermarket for maintenance services, and in the following appeals before the administrative court.
  • Visa |2021-2023| in relation to its third-party intervention in the Italian Competition Authority's investigation into Mastercard's rule relating to the double-tap payment mechanism to be used in contactless payments, as well as in the following appeal before the administrative court.
  • Alfa Acciai and Ferriera Valsabbia |2015-2024| in relation to an appeal before the EU Courts of a European Commission's decision fining both companies for an alleged cartel in the steel sector, which led to the European Commission re-opening the case and reducing the final fine by 50%, and to a following appeal.
  • Iliad Italia |2020-2024| in relation to its appeal before the EU General Court against the decision of the European Commission clearing with commitments the joint venture between Vodafone Italia and TIM, Inwit.
  • Apax |2022 | in relation to the notification before the European Commission of its acquisition of the Sebach Group, one of the few examples of "fix-it-first" case.
  • Atos' Bondholders' Steering Committee |2024| in relation to merger control and FDI aspects of the financial restructuring of Atos Group, the French tech giant.
  • Alpacem Group (Wietersdorfer Group) |2024| in relation to the "below the thresholds" notification of its acquisition from Buzzi Unicem of sole control over a cement production plant located in Fanna and over business units consisting of sixteen concrete production plants, cleared by the Italian Competition Authority with commitments following a Phase II investigation.
  • Investcorp | 2026 | in relation to merger control and FDI aspects of its acquisition of a minority shareholding in Vauban.
  • Total Aviazione |2015-2019| in relation to one of the first follow-on damages actions in Italy brought by Alitalia before Italian civil courts, for damages allegedly suffered as a consequence of an infringement of antitrust rules.

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