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ECN+: a Reform which Changes the Rules of the Game

Italy has just enacted the Legislative Decree implementing the ECN Plus Directive so providing the Italian Competition Authority (ICA) with increased enforcement powers. The following sections provide a first overview of the...more

State aid rules applicable to COVID-19 recapitalizations

The first State aid measures authorized by the European Commission (Commission) following the COVID-19 outbreak were aimed at helping companies to cover their immediate liquidity needs, mainly through bank loans guaranteed by...more

An update on cooperation in the life sciences industry: the European Commission’s framework for sending “comfort letters” on...

The European Commission has published a Temporary Framework Communication to provide guidance to companies that are cooperating to ensure the supply and distribution of essential products – including medicines and medical...more

EU Commission adopts Temporary Framework for State aid to support the economy in the current COVID-19 outbreak and approves...

The COVID-19 pandemic has hit the European economy with brute force. Many businesses are facing drastic declines in revenues and are in urgent need of liquidity. Some have imposed temporary lay-offs or even face insolvency. ...more

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