On 5 May 2021, the European Commission (“Commission”) published a proposed Regulation, along with an impact assessment report, aiming to address potential distortions caused by foreign subsidies in the Single Market (“Proposed Regulation”). This Proposed Regulation will create substantial new obligations for companies if adopted in its current form.
Executive Summary The European Commission (Commission) has issued new guidance on when it will accept referrals of merger control reviews from EU national competition authorities. The new guidance was published on 26 March 2021 with immediate effect. In a change of policy, the Commission will accept merger control referrals from…
The EU Digital Markets Act has been proposed in order to further regulate the digital economy. In this episode of TMT Talk, Carolina Pardo is joined by Paul Johnson and Laura Philippou to discuss the potential scope, approach, and effectiveness of this new legislation. Our panel of experts will also give their perspective on the current status of the DMA, and what next steps the Technology, Media & Telecoms industry can expect.
After being postponed twice, the European Commission (Commission) published its draft Digital Markets Act (DMA) on 15th December 2020, in revised form — the EU’s Regulatory Scrutiny Board having objected to earlier iterations. The DMA takes the form of a regulation as the Commission seeks to ensure maximum alignment among Member States. The proposed “Digital Services Act” (DSA ) was published on the same day.
In brief The European Commission (Commission) has launched a sector inquiry into the market for consumer products and services linked to the Internet of Things (IoT). This marks the start of an intensive information gathering process in which hundreds of companies will be asked for information about the products they…
The European Commission (“Commission”) published a White Paper proposing to create three new review mechanisms aimed at addressing the potential distortive effects caused by foreign subsidies in the Single market generally; in acquisitions of EU companies; and during EU public procurement procedures.
A public consultation is now open until 23 September 2020 during which stakeholders can provide their views on the options set out in the White Paper.
The new mechanisms would apply to all non-EU companies benefitting from non-EU subsidies.
New filing obligations would apply if non-EU subsidies might have a distortive effect on competition on the EU market.