On 29 October 2024, the European Union and the UK government finalized the technical discussions on a competition cooperation agreement. This agreement will enable closer cooperation between the UK Competition and Markets...more
12/13/2024
/ Antitrust Provisions ,
Climate Change ,
Competition ,
Competition Authorities ,
Cooperation Agreement ,
Energy Sector ,
EU ,
Financial Services Industry ,
Paris Agreement ,
Popular ,
Public Policy ,
Securitization ,
UK ,
UK Competition and Markets Authority (CMA)
On 18 September 2024, the General Court of the European Union (General Court) largely upheld the fine imposed by the European Commission (Commission) finding that a global tech company had engaged in predatory pricing of its...more
10/28/2024
/ Antitrust Provisions ,
Artificial Intelligence ,
Competition ,
Economic Sanctions ,
Energy Sector ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Markets ,
Financial Services Industry ,
Popular ,
Regulatory Oversight ,
Sustainable Finance ,
Treaty on the Functioning of the European Union (TFEU) ,
Unfair or Deceptive Trade Practices
Antitrust and Competition - The Court of Justice of the European Union Finds That the European Commission Lacks Jurisdiction to Review Transactions That Fall Below the EU and National Merger Filing Thresholds -On 3 September...more
10/9/2024
/ Capital Markets ,
Competition ,
Corporate Governance ,
Corporate Social Responsibility ,
Court of Justice of the European Union (CJEU) ,
Energy Sector ,
EU ,
EUMR ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Merger Controls ,
Mergers ,
Natural Gas ,
Renewable Energy ,
Sustainability
Antitrust and Competition - The European Commission to Take Action to Address Territorial Supply Constraints - On 24 May 2024, the EU Commissioner for Competition, Margrethe Vestager, announced that the European Commission...more
7/29/2024
/ Competition ,
Cross-Border ,
Economic Sanctions ,
Electric Vehicles ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Institutions ,
Financial Services Industry ,
Imports ,
Innovative Technology ,
Manufacturers ,
Member State ,
Non-Bank Lenders ,
Regulatory Oversight ,
Sustainability ,
Trade Relations
Antitrust and Competition - European Commission Charges Company with Providing Incorrect, Incomplete, and Misleading Information During a Merger Control Proceeding - On 19 March 2024, the European Commission (Commission) sent...more
5/17/2024
/ Animal Health ,
Biologics ,
Capital Markets ,
Competition ,
Economic Sanctions ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Financial Services Industry ,
Hazardous Substances ,
Human Rights ,
Investigations ,
Manufacturers ,
Merger Controls ,
Mergers ,
Misleading Statements ,
PFAS ,
Popular ,
Regulatory Oversight ,
Risk Assessment ,
Russia ,
Sustainability ,
Whistleblowers
Antitrust and Competition - The European Commission Fines Apple EUR 1.8 billion for Abusing Its Dominant Position in the Music Streaming Sector - On 4 March 2024, the European Commission (Commission) fined Apple EUR 1.8...more
3/29/2024
/ Anti-Competitive ,
Antitrust Provisions ,
Apple ,
Artificial Intelligence ,
Competition ,
Cyber Threats ,
Cybersecurity ,
Economic Sanctions ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Fund Managers ,
Importers ,
Investment Funds ,
Machine Learning ,
Manufacturers ,
Member State ,
Small and Medium-Sized Enterprises (SMEs) ,
Sustainability ,
Treaty on the Functioning of the European Union (TFEU)
Antitrust and Competition - The European Commission Carried Out Unannounced Inspections in the Tires Sector - On 30 January 2024, the Commission conducted dawn raids at the premises of several companies active in the tires...more
3/5/2024
/ Artificial Intelligence ,
Competition ,
Compliance ,
Derivatives ,
Disclosure Requirements ,
EMIR ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Forced Labor ,
Imports ,
International Labor Organization (ILO) ,
Machine Learning ,
Manufacturers ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
Transparency ,
Treaty on the Functioning of the European Union (TFEU)
Antitrust and Competition - The European Court of Justice Held Rules Set by Sports Governing Bodies Must Comply With EU Competition Law - On 21 December 2023, the European Court of Justice (ECJ) held in a preliminary ruling...more
2/13/2024
/ Competition ,
Corporate Social Responsibility ,
Digital Services ,
Economic Sanctions ,
Electricity ,
Energy Sector ,
EU ,
European Commission ,
European Court of Justice (ECJ) ,
Fédération Internationale de Football Association (FIFA) ,
Financial Services Industry ,
Insurance Industry ,
Member State ,
Online Platforms ,
Penalties ,
Regulatory Requirements ,
Sports ,
Sustainability ,
Treaty on the Functioning of the European Union (TFEU)
Antitrust and Competition - European Commission Approves Consolidation in the Ground Transportation Sector Subject to Remedies - The companies are two global suppliers of signalling systems for mainline and urban railway...more
12/7/2023
/ Big Tech ,
Competition ,
Court of Justice of the European Union (CJEU) ,
Economic Sanctions ,
EU ,
European Commission ,
Financial Services Industry ,
Foreign Direct Investment ,
Foreign Investment ,
Member State ,
Online Platforms ,
Payment Systems ,
Popular ,
Public Policy ,
Railways ,
Reporting Requirements ,
Sustainability ,
Transportation Industry ,
UK Competition and Markets Authority (CMA)
Antitrust and Competition - European Commission Prohibits US$1.7 Billion Merger in Online Travel Agency Sector - On 25 September 2023, the European Commission (Commission) prohibited, under Council Regulation (EC) No 139/2004...more
10/27/2023
/ Acquisitions ,
Carbon Emissions ,
Competition ,
Digital Marketplace ,
EU ,
European Commission ,
Foreign Direct Investment ,
Member State ,
Mergers ,
Popular ,
Semiconductors ,
Supply Chain ,
Sustainability ,
Technology Sector
ANTITRUST AND COMPETITION - The European Commission’s Merger Simplification Package Enters Into Force - On 20 April 2023, the European Commission (Commission) adopted a new legislative package that entered into force on 1...more
10/2/2023
/ Antitrust Provisions ,
Competition ,
Court of Justice of the European Union (CJEU) ,
Digital Marketplace ,
Economic Sanctions ,
EU ,
European Commission ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Investment Funds ,
Mergers ,
Regulatory Oversight ,
Reporting Requirements ,
Sustainability
ANTITRUST AND COMPETITION - The Court of Justice Overturns the General Court’s Judgment Annulling the European Commission’s Prohibition Decision in the Telecom Sector - On 13 July 2023, the European Court of Justice (ECJ) set...more
8/3/2023
/ Antitrust Provisions ,
Capital Markets ,
Competition ,
Economic Development ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Court of Justice (ECJ) ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Foreign Subsidies ,
Merger Controls ,
Mergers ,
Sustainable Finance ,
UK
ANTITRUST AND COMPETITION - The European Commission Releases the Article 102 TFEU Package to Ensure Greater Legal Certainty on Exclusionary Abuses of Dominance - Article 102 of the Treaty on the Functioning of the European...more
5/8/2023
/ Antitrust Provisions ,
Competition ,
Energy Sector ,
EU ,
European Commission ,
Financial Services Industry ,
FinTech ,
Green Infrastructure ,
Member State ,
Renewable Energy ,
Sustainability ,
Treaty on the Functioning of the European Union (TFEU)
Businesses intending to undertake substantial mergers and acquisitions (M&A) transactions or participate in major public procurement projects in the European Union (EU) will soon need to prepare for an additional layer of...more
Antitrust and Competition - Global Dawn Raids Signal Increased Antitrust Enforcement to Uncover Potential Cartel Behavior in the Fragrance Industry - On 7 March 2023, the European Commission (Commission), the United...more
3/31/2023
/ Antitrust Provisions ,
Competition ,
ECON ,
Energy Efficiency ,
Energy Sector ,
Enforcement Actions ,
EU ,
European Commission ,
Financial Markets ,
Greenwashing ,
Infrastructure ,
Regulatory Oversight ,
Renewable Energy
Antitrust and Competition - Consultation on the European Commission’s Proposal for a Temporary Crisis and Transition Framework - On 1 February 2023, member states of the European Union received a consultation on a draft...more
3/1/2023
/ Antitrust Provisions ,
Aviation Industry ,
Competition ,
Distributors ,
ECON ,
Energy Sector ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
Foreign Subsidies ,
Green Deal ,
Technology Sector
ANTITRUST AND COMPETITION - European Commission Launches a Public Consultation on the Draft Revised Market Definition Notice - On 8 November 2022, the European Commission launched a public consultation aimed at gathering...more
11/28/2022
/ Antitrust Provisions ,
Competition ,
Corporate Social Responsibility ,
Due Diligence ,
Energy Sector ,
EU ,
European Commission ,
Member State ,
Regulatory Oversight ,
State Aid ,
Sustainability
ANTITRUST AND COMPETITION - Commission Adopted the Revised Informal Guidance Notice for Novel or Unresolved Competition Issues - Following a public consultation, the European Commission (Commission) published on 3 October...more
11/4/2022
/ Antitrust Provisions ,
Artificial Intelligence ,
Aviation Industry ,
Competition ,
Corporate Social Responsibility ,
Cryptoassets ,
Environmental Social & Governance (ESG) ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Regulatory Oversight ,
Stablecoins ,
Sustainability
ANTITRUST AND COMPETITION - Significant Changes to the Italian Antitrust Regime - On 5 August 2022, the Italian Parliament adopted law no. 118, which entered into force on 27 August 2022 (2021 Italian Competition Law). The...more
ANTITRUST AND COMPETITION - The European Commission Reviews Its Informal Guidance Notice - On 24 May 2022, the European Commission (Commission) launched a public consultation to gather feedback from interested parties on the...more
7/20/2022
/ Antitrust Provisions ,
Artificial Intelligence ,
Child Abuse ,
Climate Change ,
Competition ,
Cybersecurity ,
Economic Sanctions ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Internet Service Providers (ISPs) ,
Lenders ,
Mergers ,
Online Platforms ,
Treaty on the Functioning of the European Union (TFEU) ,
UCITS ,
Vertical Block Exemption Regulation (VBER)
On 30 June, the Council of the European Union (Council) and the European Parliament (Parliament) reached a provisional political agreement on the regulation on foreign subsidies distorting the internal market (Regulation). As...more
ANTITRUST AND COMPETITION - The Commission and the German Competition Authority conducted surprise inspections in Germany for suspected abuse of a dominant position in the natural gas sector....more
5/23/2022
/ Antitrust Investigations ,
Antitrust Provisions ,
Competition ,
Digital Currency ,
Digital Marketplace ,
EU ,
Financial Services Industry ,
Germany ,
Green Energy ,
Oil & Gas ,
Online Platforms ,
Personal Data ,
Supply Chain