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Specialist news and analysis on legal risk and regulation

Top News

Antitrust, Energy

December 02, 2024 | Khushita Vasant

North America

BlackRock, State Street say US lawsuit accusing them of coal cartel 'baseless'
Piotr Serafin, European Commissioner for Budget, Anti-Fraud and Public Administration, has named the leaders of his new team.

Antitrust, Artificial Intelligence, Data Privacy and Security, DealRisk®, Energy, Financial Services, Mergers and Acquisitions, State Aid, Technology, Trade

December 02, 2024 | Jean Comte

Europe

EU budget chief Serafin chooses head, deputy head of cabinet
The City of London and St Paul's in London, UK are bathed in soft light just after sunset on Dec. 1, 2024.

Financial Services

December 02, 2024 | Sofia Gerace

Europe

UK crowdfunding industry criticizes over-regulation

Antitrust View More

Siemens secures South Korea Supreme Court win, overturning $5.2 million antitrust fine

December 02, 2024

Asia

MLex Summary: Siemens has secured a Supreme Court victory in South Korea, overturning a 6.2 billion won ($5.2 million) antitrust fine and the majority of corrective orders imposed by the country’s competition ... (more story)

US Supreme Court's rejection of bid-rigging case complicates enforcement

December 02, 2024 | Chris May and Khushita Vasant

North America

The US Department of Justice’s criminal antitrust enforcement program suffered a major setback when the Supreme Court recently declined to review a ruling that erodes longstanding presumptions about the illega... (more story)

Peru's Indecopi to assess competitive conditions in Chancay port services

December 02, 2024

Latin America

MLex summary: Peru’s National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi) announced that it has received a study conducted by the National Port Authority as ... (more story)

Artificial Intelligence View More

UK lawmakers make a push on AI copyright questions to prompt government action

December 02, 2024 | Jakub Krupa and Abhishek Kumar

Europe

UK copyright holders could be given stronger protections against web crawling and web scraping done to train artificial intelligence models under three amendments proposed to the country's data reform bill. Wh... (more story)

New US rules aim to restrict China's production of advanced semiconductors

December 02, 2024

North America

MLex Summary: The US Commerce Department's Bureau of Industry and Security announced a package of rules designed to further impair China's capability to produce advanced-node semiconductors that can be used in... (more story)

EU’s draft AI-model code of practice to be discussed on Dec. 11

December 02, 2024 | Luca Bertuzzi

Europe

EU lawmakers will provide their input on the code of practice for general-purpose AI models on Dec. 11, as part of a working group dedicated to the AI Act. The chairs and vice-chairs spearheading the drafting ... (more story)

Mergers and Acquisitions View More

Wanin-Vie Show deal released for public consultation in Taiwan

December 02, 2024

Asia

MLex Summary: The planned merger between video-game developer Wanin International and Taiwan's largest theater chain Vie Show Cinemas has been released by the Taiwan Fair Trade Commission for public consultati... (more story)

Drugmakers agree on drug classification, substitutability in União Química-Bayer review

December 02, 2024 | Maria Júlia Baumert

Latin America

Several pharmaceutical companies have responded to an inquiry from the Brazilian competition authority regarding the proposed acquisition of Bayer's Cicloprimogyna by União Química, largely agreeing on key poi... (more story)

VTS acquisition of Thermotite to be reviewed by Brazil's CADE

December 02, 2024 | Henrique Santiago

Latin America

Vallourec Tubular Solutions' proposed purchase of Thermotite do Brasil will be reviewed by the Brazilian competition authority. The Administrative Council for Economic Defense, or CADE, has up to 240 days to r... (more story)

Data Privacy and Security View More

China's Hainan supports global data-center business in free trade port

December 02, 2024

Asia

MLex Summary: Domestic and foreign companies can exclusively provide data storage, processing and trading services to foreign clients by utilizing dedicated cross-border data channels in China’s Hainan free tr... (more story)

GoodRx agrees to $25 million settlement in US pixel tracking litigation

December 02, 2024 | Xu Yuan

North America

Online prescription platform GoodRx has agreed to pay $25 million to resolve privacy allegations by users over the sharing of health information with Meta Platforms, Google and others to be used for advertising.

Meta seeks delay in New Mexico privacy trial, citing 'ambush' tactics by attorney general

December 02, 2024 | Mike Swift

North America

Meta Platforms wants a New Mexico judge to delay a trial in the state attorney general's case over data sharing practices that led to the Cambridge Analytica scandal in 2018, saying the state has staged a liti... (more story)

Intellectual Property View More

Burger King secures extension of injunction in Indian trademark battle

December 02, 2024 | Freny Patel

Asia

US fast-food giant Burger King has secured a significant victory in its 13-year trademark battle, after a court extended an interim injunction that prevents an eatery in the city of Pune from using the Burger ... (more story)

Lack of patent specialists, once the norm, leaves US district courts an outlier

December 02, 2024 | Melissa Ritti

North America

Three years after Congress sunset the Patent Pilot Program, patent cases are trending downward in the US, where the right to a jury trial and commitment to random judicial assignments make it all but impossibl... (more story)

US appeals court determines awareness starts Copyright Act timeliness in music dispute

December 02, 2024

North America

MLex Summary: The US Court of Appeals for the 2nd circuit found that the Copyright Act statute of limitations begins when a party is first made aware of any potential conflict in copyright ownership. A pair of... (more story)

Financial Crime View More

US seeks seizure of proceeds from sale of sanctioned oligarch's California music studio

December 02, 2024

North America

MLex Summary: Damian Williams, the US attorney for the Southern District of New York, announced the filing of a civil forfeiture complaint against more than $3.4 million from the sale of a music studio in Burb... (more story)

UK Financial Conduct Authority updates financial crime guide

November 29, 2024

Europe

MLex Summary: The UK financial industry has seen the Financial Conduct Authority publish an updated version of its Financial Crime Guide. The regulator said the changes focus on areas where firms wanted additi... (more story)

Trafigura set for Swiss bribery trial over 'Mr Non-Compliant' allegations

November 29, 2024 | Martin Coyle

Europe

Commodities giant Trafigura and a former top executive will face off in a Swiss court on Monday over allegations that five million euros in bribes were paid to an Angolan official linked to Sonagol through an ... (more story)

Financial Services View More

EU carmakers, infrastructure operators queried on alternative fuels rules

December 02, 2024

Europe

MLex Summary: The European Commission is seeking feedback on its draft rules under the EU legislation on alternative fuels infrastructure. The three consultations opened today cover additional data types on pu... (more story)

UK banks consulted to revoke EU-retained law on simplified obligations

December 02, 2024

Europe

MLex Summary: UK banks are set to see the revocation of EU-retained law on simplified obligations, according to a consultation published by the Bank of England, which will remain open until Feb. 2, 2025. Simpl... (more story)

New EU finance chief Albuquerque fleshes out cabinet's positions

December 02, 2024 | Jean Comte

Europe

Cristina Sofia Dias and Riikka Torppa will be the head and the deputy head of the cabinet of the EU's new financial services czar, Maria Luis Albuquerque, MLex has learned. Larisa Dragomir, Elena Arveras and P... (more story)

Trade View More

Chinese LPTVs subsidized, US Commerce determines

December 02, 2024

Asia, North America

MLex Summary: The US Commerce Department preliminarily determined that countervailable subsidies are being provided to Chinese low-speed personal transportation vehicles.

Brake drums from China, Turkey subsidized, US Commerce determines

December 02, 2024

Asia, Middle East, North America

MLex Summary: The US Commerce Department preliminarily determined that brake drums from China and Turkey are being provided countervailable subsidies.

‘No-risk’ category for EU deforestation rules dropped by EPP

December 02, 2024 | Oscar Pandiello

Europe

The European People’s Party has withdrawn its proposal for a “no risk” category for countries under the EU Deforestation Regulation following resistance from member states, which feared it could jeopardize pla... (more story)

State Aid View More

Ribera blends energy, competition expertise in new team of EU advisers

December 02, 2024 | Lewis Crofts, Nicholas Hirst and Jean Comte

Europe

Teresa Ribera, Europe’s incoming competition and energy chief, is putting the finishing touches to her private office, bringing together legal and energy-policy expertise to oversee enforcement of the bloc’s p... (more story)

EU plans for tech-transfer conditions on Chinese investment gather steam

December 02, 2024 | Joanna Sopinska

Asia, Europe

EU plans to ease market access to Chinese companies willing to transfer advanced technologies and invest in research and development are at an advanced stage, with consideration of what legal instruments can b... (more story)

Recharging, refilling of clean vehicles to come under common EU measurement rules

November 29, 2024

Europe

MLex Summary: Companies involved in electric-vehicle charging and hydrogen-vehicle refilling have details of a European Commission proposal to include these technologies under the scope of the Measuring Instru... (more story)

Energy View More

Countries fail to conclude global plastics agreement

December 02, 2024

Europe

MLex Summary: The fifth session of negotiations on the Global Plastics Treaty finished without an agreement from the UN member states. Talks will, therefore, continue in 2025. The EU regrets the inconclusive g... (more story)

Romanian judges seek EU clarification of consent rules for emailed newsletters (correct*)

November 29, 2024 | Nicholas Wallace

Europe

A Romanian court has asked EU judges to clarify whether a publisher that emails a daily newsletter to customers who sign up for a free account needs to obtain consent under the bloc's data-protection rules. Th... (more story)

EU climate chief Hoekstra’s cabinet to be led by Han ten Broeke

November 29, 2024 | Stefano Porciello and Jean Comte

Europe

Han ten Broeke is set to lead the cabinet of Wopke Hoekstra, the commissioner for Climate, Net Zero and Clean Growth. He recently said that improving existing technologies like gasoline and diesel engines to c... (more story)

Technology View More

EU's Virkkunen fills out team to develop European Commission's digital policy

December 02, 2024 | Matthew Newman

Europe

Antti Timonen has been named as head of cabinet for Henna Virkkunen, the EU's new commissioner for digital affairs, after serving as head of the Finnish politician's transition team, MLex has learned. Virkkune... (more story)

Poland to revise EU’s blueprint for large-cyberattack response

December 02, 2024 | Luca Bertuzzi

Europe

As Poland prepares to take the reins of the EU in the first half of 2025, security is due to rank high on its list of priorities. In the digital domain, the Polish government will aim to revamp the blueprint o... (more story)

Runup to UK online safety enforcement requires tight regulatory focus

December 02, 2024 | Patricia Figueiredo

Europe

Digital platforms are feeling the pressure in the UK with the government, online safety regulator and several lawmakers all reinforcing in recent days how they expect more action from Big Tech. But a delay in ... (more story)