On 23 December 2022, the EU published the final text of its new regime to fight foreign subsidies distorting the internal market. The so-called Foreign Subsidies Regulation targets foreign-subsidised M&A transactions, but also any kind of foreign-subsidised activity affecting EU markets, including the bidding for public contracts in the EU, and complements existing EU antitrust … Continue Reading
In our latest client alert, we discuss the significance of the European Commission’s recent decision and explain the practical implications for EU antitrust enforcement and businesses.… Continue Reading
As consumers demand more eco-friendly products and services, many companies are scrambling to prove their green credentials. Transportation and logistics companies are no different, seeking to provide more environmental-friendly means of transportation for goods and trying to source green suppliers. However it is vital that companies tread carefully and do not embellish the truth when … Continue Reading
The practice of making misleading environmental claims (so-called “greenwashing”) carries increasing risk in Europe. The European Commission and national consumer protection and/or competition authorities are more committed than ever to fight it, and a new EU initiative will require companies to substantiate claims they make about the environmental footprint of their products or services. In … Continue Reading
The European Commission (EC) recently revealed a major change in merger policy affecting cross-border M&A deals in Europe. The new referral practice creates significant uncertainty for deals that would not have previously triggered scrutiny in the EU. In our latest client alert, we shed more light on the EC’s new referral policy and identify the … Continue Reading
Ahead of a recent matchmaking event created with the aim of supporting the acceleration and upscale of COVID-19 vaccine production, the European Commission stipulated certain safeguards in a comfort letter issued to the organisers. Our latest client alert serves as a useful reminder of the practical safeguards that should always be in place when companies, … Continue Reading
The EU Foreign Direct Investment Screening Regulation introduces the first EU-wide foreign investment screening cooperation mechanism and enables the European Commission and Member States to comment on foreign investments that happen in other Member States. As these rules became fully applicable and operational from 11 October 2020, we pinpoint the key features of the EU’s … Continue Reading
With reports of excessive pricing on the rise around the globe, it is critical that companies understand the price gouging rules and regulations and their enforcement in each country where they do business. Our team has compiled a global price gouging resource guide to help our clients navigate the differing approaches taken by governments and regulatory … Continue Reading
In our recent client alert, we take a look at the European Commission’s proposed new toolbox to intervene where foreign subsidies could potentially distort the EU single market. We consider the implications of such new measures, and also highlight the significant impact the powers could have on M&A transactions in the EU.… Continue Reading