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Specialist news and analysis on legal risk and regulation

Top News

Trade

November 20, 2024 | Laine Cibulskis and Oscar Pandiello

Europe

EU countries endorse one-year delay for deforestation rules, exclude ‘no risk’ category

Financial Services

November 20, 2024 | Sofia Gerace

Europe

UK car finance sector anxious about new regulation over inconsistencies, lobby says

Antitrust View More

Google must face US monopolization claims, private plaintiffs argue

November 20, 2024

North America

MLex Summary: Google’s motion to dismiss amended US antitrust claims alleging that it monopolized the markets for general search services and general search text advertising via various distribution agreements... (more story)

US judge to grant PVC purchasers' motion to subsume Erie County complaint

November 20, 2024 | Clayton Vickers

North America

An Illinois federal judge said she will grant a move by proposed class of PVC pipe purchasers to subsume a new complaint filed by Erie County, New York, and other public and private drinking water and sewer pr... (more story)

Pfizer, Flynn Pharma fined by UK antitrust court over epilepsy-drug pricing behaviors

November 20, 2024

Europe

MLex Summary: Pfizer has been fined 62 million pounds and Flynn Pharma fined 6.7 million pounds by the UK competition court over epilepsy-drug pricing behaviors, with the sanctions largely matching those levie... (more story)

Artificial Intelligence View More

Report finds potential discrimination against disabilities in digital hiring assessments

November 20, 2024

North America

MLex Summary: A report by the Center for Democracy and Technology on the impact of digital hiring assessments — such as AI-powered assessments and other automated employment decision systems — on disabled work... (more story)

Meta to bring ‘same level’ of AI to EU as rest of world as it splits Ray-Ban data processing

November 20, 2024 | Frank Hersey

Europe

Meta Platforms has vowed to bring the “same level of AI innovation” to Europe as it does to the rest of the world, a company spokesperson has said. It is working with the Irish data regulator on its concerns o... (more story)

EU, Singapore sign deal to boost cooperation on AI safety

November 20, 2024

Asia

MLex Summary: The EU's AI Office and Singapore's AI Safety Institute will start to co-work, under an agreement signed today that will strengthen their cooperation in promoting the innovation, development and r... (more story)

Mergers and Acquisitions View More

EasyPark wins French nod to buy Flowbird, watchdog says

November 20, 2024

Europe

MLex Summary: EasyPark’s planned acquisition of Flowbird Group has received unconditional approval by France's Autorité de la Concurrence, the office said today. The watchdog focused its review on the upstream... (more story)

Apotekstjänst Sverige loses Swedish appeal of pharmacy merger block

November 20, 2024

Europe

MLex Summary: Swedish pharmacy operator Apotekstjänst Sverige has lost its appeal against the national competition authority’s decision to block its acquisition of rival Svensk Dos from Oriola, according to a ... (more story)

Gerresheimer, Bormioli Pharma deal gets conditional approval in Austria

November 20, 2024

Europe

MLex Summary: Gerresheimer, a packaging maker for drugs and cosmetics, has received approval for its plans to acquire control of rival Bormioli Pharma, but subject to conditions, the Austrian competition autho... (more story)

Data Privacy and Security View More

Mobile apps' 'forced' accounts prompt French privacy watchdog to seek EU antitrust input

November 20, 2024 | Matthew Newman

Europe

The French privacy watchdog says it has asked EU competition enforcers to look at how to deal with mobile web apps that force users to create accounts to access their services, such as buying movie tickets. Th... (more story)

LinkedIn challenges EUR310 million GDPR fine in Irish court

November 20, 2024 | Jakub Krupa

Europe

Microsoft-owned platform LinkedIn has appealed an Irish decision and 310 million-euro fine over the company’s processing of personal data for the purposes of targeted advertising and behavioral analysis, MLex ... (more story)

Irish privacy watchdog plans two 'big' decisions by year's end, commissioner says

November 20, 2024 | Matthew Newman

Europe

The Irish Data Protection Commission, the EU’s lead privacy watchdog for Big Tech, plans to issue two “big” decisions by the end of the year, a commissioner said today in an interview with MLex. The Irish auth... (more story)

Financial Crime View More

North Carolina US prosecutor launches illicit finance task force

November 20, 2024

North America

MLex Summary: Michael F. Easley, Jr., US attorney for the Eastern District of North Carolina, announced efforts to combat transnational money laundering, including the creation of the Illicit Finance Task Forc... (more story)

Indian energy executives sued by US SEC for bribery scheme

November 20, 2024

North America

MLex Smmary: The US Securities and Exchange Commission filed civil complaints against Gautam Adani and Sagar Adani, executives of Adani Green Energy Ltd., and Cyril Cabanes, an executive of Azure Power Global ... (more story)

Archegos founder sentenced to 18 years in prison in US for market manipulation

November 20, 2024 | Samuel Rubenfeld

North America

Sung Kook “Bill” Hwang, owner of the private investment firm Archegos Capital Management, was sentenced today to 18 years in prison for engaging in a market manipulation scheme that led to the firm’s collapse ... (more story)

Financial Services View More

FTX cooperator Gary Wang avoids prison, serves as ‘bookend’ to US fraud case

November 20, 2024 | Samuel Rubenfeld

North America

FTX co-founder Gary Wang was the first to cooperate in the US fraud probe of the bankrupt cryptocurrency exchange and, as the last defendant to be sentenced, he received a term of time served.

European Supervisory Authorities release guidance on information system

November 20, 2024

Europe

MLex Summary: The European Supervisory Authorities — the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority — published the... (more story)

BIT Mining discloses US bribery resolution to investors

November 20, 2024

Asia, North America

MLex Summary: In a disclosure to investors, BIT Mining reported its recent settlement with the US government over violations of the Foreign Corrupt Practices Act. 

Trade View More

Chinese solar firms were rightly removed from deal to avoid duties, EU judges rule

November 20, 2024 | Joanna Sopinska

Europe

Chinese solar-panel makers Wuxi Suntech Power and Zhejiang Sunflower have lost legal challenges over EU decisions to withdraw them from a price undertaking that allowed them to dodge punitive duties by observi... (more story)

US Commerce amends dumping rate for Indian pipe and tube exporter

November 20, 2024

North America

MLex Summary: The US Commerce Department issued a notice that it has amended the dumping rate for Indian steel pipe and tube exporter Garg Tube to 4.25 percent. The notice followed a final Court of Internation... (more story)

US Commerce issues duty orders on Russian ferrosilicon

November 20, 2024

Asia, Europe, Latin America, North America

MLex Summary: The US Commerce Department has has issued antidumping and antisubsidy duty orders on ferrosilicon from Russia.

State Aid View More

ICG and Imanes file change in control of Picard for EU foreign subsidy review

November 19, 2024 | Natalie McNelis

Europe

Intermediate Capital Group and Imanes have sought EU foreign-subsidy clearance for a change in control over French frozen food retailer Picard. The European Commission has until Dec. 19 to decide on the deal, ... (more story)

Romanian aid to back coal exit wins EU Commission approval

November 15, 2024

Europe

MLex Summary: Romania has secured clearance for its plans to grant 790 million euros in public support to Societatea Complexul Energetic Valea Jiului to help it cover the costs arising from the shutdown of fou... (more story)

Poland's 2021-2025 universal service compensation to Poczta Polska wins EU nod

November 15, 2024

Europe

MLex Summary: Poland has received European Commission approval for its plans to compensate State-owned postal operator Poczta Polska with around 865 million euros for its universal service obligation covering ... (more story)

Energy View More

European, Indian hydrogen associations announce partnership

November 20, 2024

Asia, Europe

MLex Summary: Hydrogen Europe and the Green Hydrogen Association (GH2 India) signed a Memorandum of Understanding today to boost collaboration and promote the hydrogen sector across both regions. This partners... (more story)

Imerys Aluminates Group loses ETS damage claim at EU court

November 20, 2024

Europe

MLex Summary: Imerys Aluminates Group, a French multinational producer of industrial minerals, lost its legal dispute at the EU’s General Court against the European Commission over the commission's adoption of... (more story)

Energy regulator would split from competition watchdog under new Australian law

November 19, 2024

Oceania

MLex Summary: Australia’s energy regulator is set to split from the antitrust regulator under legislation introduced to parliament today designed to modify the competition law to bring about the changes. The l... (more story)

Technology View More

UK online safety regulator's new priorities will make children safer, tech minister says

November 20, 2024 | Patricia Figueiredo

Europe

Social media platforms' activities in relation to online safety are “one of the most serious issues of our time," the UK's technology minister told lawmakers today after publishing details of a set of new stra... (more story)

Indonesia to act swiftly on Apple’s $100 million investment offer, ministry says

November 20, 2024 | Jet Damazo-Santos

Asia

Indonesia’s Ministry of Industry says it will act swiftly on Apple’s proposal to invest $100 million in the country over the next two years in order to get a ban on its latest smartphone lifted. The offer is s... (more story)

Social media, generative AI and harmful content face scrutiny from UK lawmakers

November 20, 2024

Europe

MLex Summary: Social media algorithms' interaction with generative AI and the spread of harmful and false content online will see parliamentary scrutiny in the UK as lawmakers want to further probe the misinfo... (more story)