On 11 December 2019, the European Commission (Commission) unveiled the European Green Deal (Green Deal), an ambitious environmental and climate set of policy proposals aiming to achieve carbon neutrality in Europe by 2050....more
Stablecoins have attracted much regulatory attention lately. The G7 working group on stablecoins, the International Organization of Securities Commissions, the Financial Stability Board (FSB) and the European Commission are...more
In a recent address on digital finance in the context of the European Commission’s Digital Finance Outreach, European Commission Executive Vice-President Valdis Dombrovskis, shared some of the Commission’s thinking on...more
ANTITRUST AND COMPETITION - The General Court Of The EU Overturns A Commission Decision To Prohibit A £10.25bn Telecom Takeover In The UK - In 2016, the European Commission (Commission) blocked the proposed acquisition of a...more
As recommended by the European Commission, most, but not yet all, European Member States are cautiously easing down the implemented restrictions and are set to reopen their borders on 15 June, just ahead of the summer season...more
On 15 April 2020, the Financial Stability Board (FSB) issued a report to the G20 Finance Ministers and Central Bank Governors on International Cooperation and Coordination to address the financial stability implications from...more
Antitrust and Competition - The Failing Firm Defense in the Face of the COVID-19 Outbreak - As the COVID-19 pandemic causes commercial and financial difficulties, an increasing number of transactions may involve companies in...more
Following the European Union (EU) Member States’ transposition deadline of the Fifth Anti-Money Laundering Directive (5AMLD) into national law on 10 January 2020, the European Commission (Commission) issued an action plan...more
On March 25, 2020, the Commission issued guidelines concerning foreign direct investment (“FDI”) and free movement of capital from non-EU countries (the “Guidelines”). The Guidelines provide helpful guidance to EU Member...more
ANTITRUST AND COMPETITION - The European Commission To Pursue Its Existing Doctrine On The Application Of Essential Facilities Theory To Dominant Digital Platforms - In the official statement issued by Executive...more
On April 15, the European Commission (“Commission”) published, in cooperation with the president of the European Council, Charles Michel, a European road map to phase out containment measures adopted across member states...more
On 8 April 2020, the European Commission (Commission) launched a consultation on its Renewed Sustainable Finance Strategy (Strategy), which will be the main policy framework towards stimulating green investments and fully...more
Antitrust and Competition -
The Court of Justice of the EU Upholds the Commission’s Powers to Impose High Fines on Companies that “Jump the Gun” -
On March 4, 2020, the Court of Justice of the EU (“CJEU”) dismissed the...more
The Spanish government announced on Sunday 29 March the closure of all non-essential manufacturing plants in the country. The measure is to take effect at midnight CET on Monday 30 March....more
The COVID-19 outbreak is affecting businesses in the European Union (“EU”) in many different ways. Recognizing the scale of the impact, the Commission Executive Vice-President Margrethe Vestager, in charge of competition,...more
In the framework of its ambitious European Green Deal, the European Commission (“the Commission”) unveiled on 11 March its new Circular Economy Action Plan (“the Action Plan”). The detailed plan is designed to refocus the...more
On 4 March 2020, the European Commission (the Commission) launched a public consultation on the future European Climate Pact and simultaneously unveiled a key element of the European Green Deal, the long awaited proposal for...more
As the novel coronavirus (COVID-19) continues to spread globally and the number of cases in the U.S. grows, attention on Capitol Hill has shifted to potential legislative responses aimed at combatting the outbreak and...more
ANTITRUST AND COMPETITION -
The Court Of Justice Of The EU Rules Provides Clarity On The Assessment Of Pay-For-Delay Agreements -
The Court of Justice of the EU (CJEU) has backed the UK Competition and Markets Authority...more
3/4/2020
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UK Competition and Markets Authority (CMA)
On 19 February, the European Commission (“the Commission”) unveiled a Communication setting out its strategy for “Shaping Europe's digital future” (“the Communication”)....more
On 29 January, the European Commission (“the Commission”) adopted its 2020 Work Programme, which sets out the most important initiatives the new Commission intends to undertake in its first year of office....more
ANTITRUST AND COMPETITION -
EU Competition Commissioner Vestager Will Also Be Responsible For Coordinating The EU Digital Agenda -
Last month, Margrethe Vestager was confirmed as Competition Commissioner for the next five...more
The European Commission unveiled its much-awaited European Green Deal, which will provide the EU with an industrial policy aiming at a net-zero emissions goal by 2050 and at enshrining climate neutrality into law....more
ANTITRUST AND COMPETITION -
French And German Competition Authorities Publish Joint Study On Potential Competition Concerns Raised By The Use Of Algorithms -
On November 6, the French competition authority (Autorité de la...more
Only days after the announcement by the Swedish competition authority that it was launching a sector inquiry into Digital Platforms, the European Commission has published an online questionnaire seeking feedback on the...more