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Antitrust/M&A - Year-in-Review 2024

2024 was a significant year for merger enforcement worldwide. In the United States, the Biden administration continued the aggressive approach reflected in the revamped Merger Guidelines issued in December 2023. In Europe,...more

NIS 2 Directive: Transposition Period is Up for EU Member States

As the national implementation deadline for the NIS 2 EU Directive is over, businesses in scope should ensure they will soon be ready to comply with the strengthened cybersecurity requirements....more

EU Enacts Broad Cybersecurity Requirements for Hardware and Software Products

On October 10, 2024, the EU Cyber Resilience Act ("CRA") was adopted by the Council of the European Union....more

European Commission President Unveils Proposed New Team of EU Commissioners and Political Priorities

The Situation: On September 17, 2024, European Commission President Ursula von der Leyen unveiled her new proposed College of Commissioners and announced key European Union ("EU") policy priorities for the next five years....more

EU Gigabit Infrastructure Act Paves Way for More Access to Physical Infrastructures and Potential Further Deregulation of Telecom...

The Situation: The European Parliament and Council approved the Gigabit Infrastructure Act ("GIA") on 29 April 2024. The GIA replaces Directive 2014/61/EU. The GIA is a regulation which is directly applicable and binding in...more

China Increases Its Merger Control Thresholds

China doubled its merger notification thresholds effective on January 26, 2024. China's State Council recently published new merger control notification thresholds doubling the previous China revenue thresholds in an...more

European Commission Signals Increased Scrutiny in Semiconductors, AI, Quantum Technologies, and Biotechnologies

On October 3, 2023, the European Commission ("Commission") unveiled a list of 10 technology areas qualified as "critical" to the European Union's ("EU") economic security, out of which four (Semiconductors, AI, Quantum...more

ECJ Antitrust Ruling Not Likely to Jump-Start EC Deal Challenges in "Gap Cases"

In Short - The Development: The Court of Justice of the European Union ("ECJ") annulled a General Court ("GC") ruling that had adopted a high standard of proof for the European Commission ("EC") to block transactions in...more

Towards a Less Effects-Based Approach? European Commission Takes Action to Amend EU Framework on Exclusionary Abuses of Dominance

In Short - The Situation: On 27 March 2023, the European Commission ("Commission") published a Communication amending its 2008 Guidance on enforcement priorities concerning exclusionary abuses ("amended 2008 Guidance...more

The European Commission's "Connectivity Package" Set to Reshuffle the Telecom Sector

In Short - The Situation: The European Commission has presented three initiatives to transform the connectivity sector on 23 February 2023 (the "Connectivity Package")....more

Rising Global Regulation for Artificial Intelligence

Across multiple continents and industries, artificial intelligence ("AI") is a topic of intense focus by governments, research institutions, investors, and corporations—from start-ups to well-established industry players. As...more

EU Adopts Enhanced Legal Framework to Provide for High Common Level of Cybersecurity

The Council of the European Union ("EU") adopted a new Directive to strengthen cybersecurity and resilience across the Union. - Following the European Parliament's approval on November 10, 2022, the Council of the European...more

Global Merger Control Update | Fall 2022

This Jones Day Global Merger Control Update highlights significant recent developments and changes in merger control regimes. In this Update, we review: (i) key changes to merger regimes in Austria, Belgium, Bulgaria,...more

European Commission Proposes Legislation Imposing New Cybersecurity Requirements on Digital Products

On September 15, 2022, the European Commission ("EU") published a proposal for a Cyber Resilience Act, the first EU-wide legislation introducing a single set of cybersecurity rules for hardware and software products placed in...more

Digital Markets Act: European Union Adopts New "Competition" Regulations for Certain Digital Platforms

The European Parliament ("EP") and Council formally adopted the Digital Markets Act ("DMA") in July 2022, imposing new behavioral obligations on large digital platforms qualifying as "gatekeepers." The final agreement...more

European Commission Blocks Hungary's Attempt to Veto Transaction Under FDI Rules

The EC recently found that Hungary's veto of Vienna Insurance Group's ("VIG") acquisition of the Hungarian subsidiaries of the AEGON Group, an insurance, pension fund, and asset management company, breached EU merger control...more

EU Chips Act: The EU's Push for Semiconductor Autonomy

Background  - Recent supply disruptions in the semiconductor industry have highlighted the dependence of many global economies, including the EU, on imported chips manufactured in Asia....more

EU Court Annuls Landmark European Commission "Abuse of Dominance" Antitrust Decision

The EU General Court ("GC") annulled the European Commission's €1.06 billion antitrust fine imposed on Intel in 2009 for allegedly abusing its dominant position in x86 Central Processing Units ("CPUs") by offering loyalty...more

European Commission Unveils Sweeping Proposals to Regulate the Digital Sector

The Development: The European Commission ("EC") recently released two long-awaited legislative proposals, the Digital Services Act ("DSA") and Digital Markets Act ("DMA"), that would significantly increase the EC's regulatory...more

Strong Customer Authentication in the United States: When, Not If

The Situation: Although the deadline keeps getting extended, e-commerce merchants and payment processors across the European Union are racing to implement the strong customer authentication ("SCA") requirements of the Revised...more

China Publishes Anti-Monopoly Guidelines on Intellectual Property

In August 2020, the Anti-Monopoly Bureau of China's State Administration for Market Regulation released four long-awaited sets of anti-monopoly guidelines addressing issues relating to leniency, commitments, the automobile...more

China Publishes Anti-Monopoly Guidelines on Leniency and Commitments

The Anti-Monopoly Bureau of China's State Administration for Market Regulation ("SAMR") released four sets of long-awaited anti-monopoly guidelines. This White Paper addresses the Guidelines on Application of Leniency Program...more

EU Court Raises Bar for Commission to Block Certain Mergers

The EU General Court ruled that the Commission must demonstrate with a "strong probability" that the effect on competition is "significant" to block a merger that does not create a dominant company. In a rare judgment, the...more

European Commission Considers Expanding Investigative and Regulatory Authority in Digital Sector

The European Commission recently launched two consultations that would expand its investigative powers and establish regulations for digital platforms. The Commission intends to close perceived gaps in its authority to remedy...more

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