Specialist news and analysis on legal risk and regulation
Top News
Artificial Intelligence, Data Privacy and Security
November 06, 2024 | MLex Staff
Asia
Data Privacy and Security, Energy, Financial Services, Technology, Trade
November 06, 2024 | Jakub Krupa
Europe, North America
DealRisk®, Mergers and Acquisitions
November 06, 2024 | Andrew Boyce
Europe
Antitrust View More
November 07, 2024 | Khushita Vasant
North America
Recent changes that Apple made to its app ecosystem could easily be reversed, reintroducing earlier anticompetitive restrictions any time it wants to, a Department of Justice attorney told a US judge today in ... (more story)
November 06, 2024 | Jenny Lee
Asia
South Korea's ride-hailing giant Kakao Mobility has been hit with fines totaling 4.1 billion won (about $3.2 million) for "serious violations of accounting standards" after inflating its operating revenues dur... (more story)
November 06, 2024 | Freny Patel
Asia
Chinese mobile maker Xiaomi and other manufacturers’ complaints have forced India’s antitrust watchdog to retract an antitrust-investigation report filed against Walmart's local arm Flipkart, alleging violatio... (more story)
Artificial Intelligence View More
November 07, 2024 | Mike Swift and Amy Miller
North America
The election of Donald J. Trump as the next US president suggests a change of focus on content moderation, children's privacy and artificial intelligence enforcement for the Federal Trade Commission and the Fe... (more story)
November 06, 2024
North America
MLex Summary: Sitejabber, a company offering an AI-enabled consumer review platform, has settled charges from the US Federal Trade Commission of deceiving consumers by artificially inflating average ratings an... (more story)
November 06, 2024 | Luca Bertuzzi, Frank Hersey and Amy Miller
Europe,North America
With no signs that the artificial intelligence boom is slowing down, the world’s attention has shifted to how countries will manage the risks of generative AI along with its rewards. While the EU is the first ... (more story)
Mergers and Acquisitions View More
November 07, 2024
Oceania
MLex Summary: The acquisition of healthcare business I’rom Group by funds managed or advised by Blackstone Group has raised concerns for the Australian antitrust regulator over competition in the supply of pha... (more story)
November 06, 2024 | Saloni Sinha
Oceania
Australian pharmacy giant CW Group, the owner of the Chemist Warehouse chain, has received regulatory approval for its high-profile reverse merger with Sigma Healthcare, close to a year after first announcing ... (more story)
November 06, 2024
Latin America
MLex Summary: CMA Terminals Atlantic and CMA Terminals Project, both part of the CMA CGM Group, is seeking to acquire a 47.55 percent stake in Santos Brasil Participações, a Brazilian port operator. The deal i... (more story)
Data Privacy and Security View More
November 07, 2024 | Ryan Cropp
Oceania
The Australian government’s decision not to pursue a significant chunk of slated changes to the country’s privacy laws in September attracted strong criticism from both privacy advocates and business groups. I... (more story)
November 06, 2024 | Mike Swift
North America
With antitrust and consumer-protection trials looming next year pitting Google against a group of 17 US states led by Texas, a federal judge is facing of decisions about the states’ multi-billion-dollar privac... (more story)
November 06, 2024 | Madeline Hughes
North America
The US Supreme Court questioned how risk factors should be disclosed in securities filings as the court heard arguments today in a case brought by Amalgamated Bank alleging Meta Platforms made false or mislead... (more story)
Financial Crime View More
November 06, 2024 | Samuel Rubenfeld
North America
The biggest US anti-money laundering overhaul in decades will be at risk when President Donald Trump returns to the White House. Project 2025 called for the repeal of the Corporate Transparency Act, as well as... (more story)
November 06, 2024
North America
MLex Summary: During the first nine months of 2024, The Brink's Company accrued $7.7 million in connection with a US Department of Justice investigation related to cross-border shipments of cash and things of ... (more story)
November 06, 2024
North America
MLex Summary: The US Treasury Department's Office of Foreign Assets Control designated an individual and an entity who support a corrupt patronage network in Bosnia and Herzegovina that is attempting to evade ... (more story)
Financial Services View More
November 06, 2024 | Khushita Vasant and Chris May
North America
Donald Trump’s return to the White House stands to derail many of the US Federal Trade Commission’s ambitious antitrust enforcement priorities, including a polarizing but popular rulemaking effort to ban nonco... (more story)
November 06, 2024
Europe
MLex Summary: The share of green investments in EU insurers’ portfolios has increased in 2024, the factsheet published by the European Insurance and Occupational Pensions Authority shows. The authority's data ... (more story)
November 06, 2024 | Jean Comte and Sofia Gerace
Europe
Maria Luís Albuquerque has been confirmed as EU commissioner for financial services by the EU Parliament's committee on Economic affairs, MLex has learned. She pledged to achieve the pan-EU Capital Markets Uni... (more story)
Trade View More
November 06, 2024 | Oscar Pandiello and Joanna Sopinska
Europe
With China’s growing economic and military power, the EU’s Global Gateway initiative emerges as a key tool to increase the bloc’s attractiveness to Africa and other strategically important regions. If confirme... (more story)
November 06, 2024 | Laine Cibulskis
Europe, North America
Donald Trump promises a return to an “America First” trade policy when he becomes the US president for a second time next January. Trump may or may not mean to go ahead with a threat of blanket tariffs across ... (more story)
November 05, 2024 | Stefano Porciello, Oscar Pandiello and Laine Cibulskis
Europe
Jessika Roswall, the EU's nominee to run its environment policy, has promised to implement the EU's deforestation law. She told lawmakers from the European Parliament that the rules’ 12-month postponement was ... (more story)
State Aid View More
November 06, 2024
Europe
MLex Summary: Millennium BCP, Portumo and Nova Ship Invest have lost their legal challenge of the European Commission's order for Portugal to claw back tax reductions granted to companies in the Madeira Free Z... (more story)
November 06, 2024
Europe
MLex Summary: Hungarian budget airline Wizz Air has lost its challenge to the European Commission’s approval of Romania’s 2022 capital injection worth 1.9 million euros in rival Tarom. The General Court of the... (more story)
November 05, 2024 | Natalie McNelis and Nicholas Hirst
Europe
Europe can achieve its wider policy goals without sacrificing the benefits of competition, the president of the European Central Bank said today. Christine Lagarde said there is a pro-competitive path, but “we... (more story)
Energy View More
November 06, 2024 | Helena Freitas
Africa, Asia, Europe, Latin America, Middle East, North America, Oceania
It’s “virtually certain” that 2024 will be the hottest year on record and the first year surpassing the 1.5 degrees Celsius warming limit, according to a forecast by EU’s scientists on climate change. The news... (more story)
November 06, 2024 | Stefano Porciello
Europe
Jessika Roswall’s poor performance at her confirmation hearing yesterday did not prevent her from getting greenlighted by a two-third majority of EU political groups today. “I look forward to working together ... (more story)
November 06, 2024
Europe
MLex Summary: The EU must act quickly on carbon removals to not fall behind in the global carbon removal race, on which competitors such as US and China are advancing rapidly on carbon removals technologies, t... (more story)
Technology View More
November 06, 2024 | Sara Brandstätter
Europe
Magnus Brunner, the EU’s candidate to be home affairs and migration commissioner, has left tech companies and privacy activists with only vague comments about data protection and privacy issues, after speaking... (more story)
November 06, 2024
Europe
MLex Summary: Ireland’s media regulator today opened a public consultation on its first three-year Strategy Statement, as required by the Online Safety and Media Regulation Act 2022, which allows the regulator... (more story)
November 06, 2024
Europe, North America
MLex Summary: The Bank of England has issued a report detailing how it used its transfer power under the Special Resolution Regime to resolve Silicon Valley Bank UK, by transferring SVB UK’s ownership to HSBC ... (more story)