Now that the EU AI Act has come into force, companies deploying high-risk artificial intelligence (AI) systems in the European Union (EU) must prepare to navigate a complex landscape of new obligations by 2 August 2027. This...more
The EU AI Office has just published a consultation on the topics that should be covered by the first general-purpose AI (GPAI) Code of Practice and a call for interest to participate in drafting the Code....more
Today marks a significant milestone in the regulation of artificial intelligence (AI) as the European Union (EU) AI Act is published in the EU Official Journal. This landmark legislation establishes the world’s first...more
After three years of legislative debate, the Council of the European Union cast its final vote on the European Union (EU) Artificial Intelligence (AI) Act on 21 May 2024. Once published in the EU Official Journal in June, the...more
The European Parliament and the Council of the European Union adopted the European Data Act on June 28 after lengthy negotiations.
The Data Act creates a legal framework for a single European data market, and its key...more
8/2/2023
/ Connected Items ,
DATA Act ,
Data Collection ,
Data Protection ,
Data-Sharing ,
Digital Markets Strategy ,
EU ,
European Parliament ,
Extraterritoriality Rules ,
Framework Agreement ,
General Data Protection Regulation (GDPR) ,
Internet of Things ,
Manufacturers ,
Member State
European M&A is expected to become more complex after European legislators agreed on a new Foreign Subsidies Regulation (FSR), which came into force in January 2023 and aims to control subsidies that distort the EU internal...more
7/25/2023
/ Acquisitions ,
Disclosure Requirements ,
EU ,
European Commission ,
Foreign Subsidies ,
Investment Funds ,
Joint Venture ,
Mergers ,
New Regulations ,
Notice Requirements ,
Private Equity
The EU’s new regime for tackling foreign subsidies will kick in on 12 July 2023.
On 10 July 2023, the European Commission (Commission) published the final text of the Implementing Regulation (Final IR) on proceedings...more
7/17/2023
/ Acquisitions ,
Competition ,
Complex Corporate Transactions ,
Disclosure Requirements ,
EU ,
European Commission ,
European Merger Control Regulation ,
Foreign Acquisitions ,
Foreign Direct Investment ,
Foreign Subsidies ,
Mergers ,
Subsidies ,
Tender Offers
The Digital Services Act (DSA) is a key part of the European Union’s (EU) digital regulation strategy, which seeks to modernise legal frameworks and create a safer and more open digital environment.
The DSA entered into...more
Specific compliance considerations apply to M&A transactions and public tenders.
On 12 January 2023, the Foreign Subsidies Regulation (FSR) entered into force. The FSR empowers the European Commission (Commission) to...more
A new regulation to control foreign subsidies could entail more complex, costly, and time-consuming deal clearances.
European M&A is set to become more complex after the entry into force of the Foreign Subsidies...more
10/24/2022
/ Acquisitions ,
Competition ,
Complex Corporate Transactions ,
EU ,
European Commission ,
European Merger Control Regulation ,
Foreign Subsidies ,
Joint Venture ,
Mergers ,
New Regulations ,
Subsidies
A new regulation to control foreign subsidies could result in more complex, costly, and time-consuming M&A clearance processes.
European M&A is set to become more complex after the European Parliament and European Council...more
10/21/2022
/ Acquisitions ,
Competition ,
Complex Corporate Transactions ,
EU ,
European Commission ,
European Merger Control Regulation ,
Foreign Subsidies ,
Joint Venture ,
Mergers ,
New Regulations ,
Subsidies
On 20 July 2022, the European Commission (the EC) amended its recently approved Temporary Crisis Framework for State Aid measures to support the economy following Russia’s invasion of Ukraine (the Temporary Crisis Framework)....more
On 23 March 2022, the European Commission (the Commission) adopted a Temporary Crisis Framework for State aid measures to support the economy following the invasion of Ukraine by Russia (the Temporary Crisis Framework), after...more
4/4/2022
/ Electricity ,
Energy Sector ,
EU ,
European Commission ,
Liquidity ,
Member State ,
Military Conflict ,
Natural Gas ,
State Aid ,
Treaty on the Functioning of the European Union (TFEU) ,
Ukraine
The Development -
“Europe will need a considerable amount of sustainable investments to support its green transition. Although a significant share will come from the private sector, public support will play a role in...more
The proposed Regulation will be the first EU legal framework specifically focused on the rapidly accelerating landscape of AI.
The feedback period for the European Commission (EC) proposal for the Regulation of artificial...more
The Development -
..On 7 June 2021, the European Commission (EC) published a draft Communication on the “Guidelines on State aid for climate, environmental protection and energy 2022” (CEEAG) that will replace the 2014...more
6/16/2021
/ Carbon Emissions ,
Climate Change ,
Energy Projects ,
Energy Sector ,
Environmental Policies ,
EU ,
European Commission ,
Levies ,
Member State ,
Public Consultations ,
Renewable Energy ,
State Aid ,
Tariffs
The European Commission (EC) has published a proposal (Proposal) for a regulation on foreign subsidies that distort the internal market. The Proposal aims to address the perception that foreign subsidies have created an...more
Proposal for the Digital Services Act -
The long-awaited update to the e-Commerce Directive proposes new obligations for online platforms and changes to the ‘safe harbours’ from liability for infringing content.
On 15...more
The fourth amendment extends and modifies the framework to support companies affected by COVID-19.
On 13 October 2020, the European Commission (Commission) published a fourth amendment to the Temporary Framework for State...more
Austria has reportedly agreed to grant to Austrian Airlines €600 million to secure its future operation as a network carrier in Vienna. The aid consists of a 90% state-guaranteed loan (€300 million) and a direct grant (€150...more
The Commission opens a public consultation on a new tool to protect the EU from international competition.
The European Commission (the Commission) is consulting the market on a proposal to add a new tool to the EU...more
von Rainer Wilke, Dr, Harald Selzner, Frank Grell, Jörn Kowalewski, Joachim Grittmann, Dr. Ulrich Klockenbrink, Elisabetta Righini, Natalia Solarova Die zweite Änderung des Befristeten Rahmens erlaubt es den...more
The second amendment allows EU Member States to provide State aid in the form of recapitalisations and subordinated debt to companies affected by COVID-19.
On 8 May 2020, the European Commission (Commission) adopted a...more
Changes to the AVMS Directive are important for pan-European broadcast and on-demand services.
The European Commission proposed the directive amending the Audiovisual Media Services Directive (2010/13/EU) (AVMS Directive)...more
New proposed EC Regulation would impose transparency obligations vis-à-vis business users and introduces collective redress.
Background -
Businesses increasingly use online platforms and search engines to reach...more