On May 21, 2024, the European Union finalized the adoption of the groundbreaking EU Artificial Intelligence Act, a comprehensive and sector-agnostic legislation that extends globally. This 420-page Act aims to regulate the...more
6/3/2024
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Biometric Information ,
Code of Conduct ,
Compliance ,
Critical Infrastructure Sectors ,
Enforcement ,
EU ,
European Commission ,
Facial Recognition Technology ,
Information Governance ,
Machine Learning ,
Medical Devices ,
New Legislation ,
OECD ,
Penalties ,
Regulatory Standards ,
Risk Assessment ,
Risk Management ,
Supply Chain ,
Transparency ,
Voting Requirements
A ground-breaking, first of its kind, sector agnostic, comprehensive law regulating Artificial Intelligence (AI) was agreed in the European Union on Friday, 8 December 2023, between the European Parliament, Commission and...more
12/14/2023
/ Artificial Intelligence ,
Biometric Information ,
Copyright ,
EU ,
European Commission ,
European Council ,
European Parliament ,
Innovation ,
Machine Learning ,
New Legislation ,
Penalties ,
UK
On 10 July 2023, the European Commission (EC) adopted its long awaited Foreign Subsidies Regulation (FSR) implementing rules (the “Implementing Regulation”). The Implementing Regulation lays down, inter alia, the timings and...more
On 25 April 2023, the same day on which the European Commission (EC) adopted its first designation decisions under its Digital Services Act (DSA), the United Kingdom (UK) Parliament published its long-awaited Digital Markets,...more
Key Points -
The European Parliament has reached agreement on new legislation to require certain providers of online services to comply with new obligations in order to ensure online safety and to prevent the spread of...more
Key Points -
The co-legislators of the EU have provisionally agreed on new rules to limit the market power of big technology platforms.
The provisionally agreed-upon text1 of the Digital Markets Act (DMA) establishes...more
The UK government introduced into Parliament a wholesale change to its State aid rules under the new Subsidy Control Bill on 30 June 2021 (the “Bill”). The regime, which is set to come into effect in H1 2022, subject to...more
In anticipation of the United Kingdom’s exit from the EU on December 31 (‘Brexit’), the Competition and Markets Authority (the ‘CMA’) published its guidance on the expected changes to U.K. competition law regime. The guidance...more
- EC extends the Temporary State Aid Framework to allow member states to provide recapitalizations to companies adversely affected by the COVID-19 crisis, including airlines, retailers and firms active in hospitality, leisure...more
- Extension of the existing State aid scheme would enable support for research, testing and production of products to tackle COVID-19.
- It would also allow tax payment deferrals and wage subsidies to help avoid...more
4/3/2020
/ Coronavirus/COVID-19 ,
EU ,
European Commission ,
Financial Stimulus ,
Germany ,
Liquidity ,
Member State ,
State Aid ,
Subsidies ,
Tax Deferral ,
UK
The European Commission (EC) on March 25, 2020 issued new guidance on foreign investment screening in response to the COVID-19 emergency (the “Guidance”). The Guidance, which addresses the now 27 EU Member States and relates...more
On February 19, 2020, the European Commission (Commission) published proposals for the regulation of Artificial Intelligence (AI) with potentially far-reaching implications both for users and developers worldwide. The...more
3/11/2020
/ Artificial Intelligence ,
Corporate Counsel ,
EU ,
European Commission ,
Legislative Agendas ,
New Legislation ,
Popular ,
Regulatory Agenda ,
Research and Development ,
Technology Sector ,
White Papers
• The new EU FDI Regulation provides a framework for screening foreign direct investments and will enter into force in mid-April. While China, Russia and other currently high-profile “foreign” countries are not expressly...more
In our July 2017 update in AG Speaking Energy, we highlighted that the Japan Fair Trade Commission (JFTC) concluded in its market study that destination clauses, diversion clauses, profit-sharing clauses and take-or-pay...more
8/2/2018
/ Anti-Monopoly ,
Buyers ,
Destination Restriction Clauses ,
Energy Market ,
Energy Sector ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Export Controls ,
Imports ,
Investigations ,
Japan ,
Japan Fair Trade Commission (JFTC) ,
Liquid Natural Gas ,
Oil & Gas ,
Profit Sharing ,
Qatar ,
Resales Agreements ,
Sellers ,
Supply Agreements ,
Take-or-Pay Contracts
• JFTC‘s recent market study on clauses in LNG SPAs indicate that agreements may run afoul of Japanese antimonopoly laws.
• EU cases may provide guidance on application of competition law to destination clauses, diversion...more
7/3/2018
/ Anti-Monopoly ,
Buyers ,
Contract Terms ,
Destination Restriction Clauses ,
Energy Market ,
Energy Sector ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Export Controls ,
Imports ,
Investigations ,
Japan ,
Japan Fair Trade Commission (JFTC) ,
Liquid Natural Gas ,
Oil & Gas ,
Profit Sharing ,
Qatar ,
Sellers ,
Supply Agreements ,
Take-or-Pay Contracts
At 11:00 p.m. U.K. time on 29 March 2019 the United Kingdom is expected to leave the European Union (“BREXIT Day”). The below timeline sets out milestones in the lead up to BREXIT Day, and thereafter. Please note that there...more
• The European Commission has released a set of documents, including a proposal for an ‘FDI Regulation,’ which sets out an EU framework for screening foreign direct investments.
• This proposal would grant the European...more
In 1957, the six EU founding members–Germany, France, Italy, Belgium, the Netherlands and Luxembourg—agreed to settle their conflicts around a table rather than on the battlefields. We are now days away from the 60th...more
If you read one thing...
- Just this week, Europe's highest court struck down the U.S.-EU Safe Harbor Framework, stating that it failed to adequately protect the privacy rights of EU citizens.
- The ruling,...more