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Update initiatiefwetsvoorstel introductie instemmingsrecht en aanscherping vaste beloning bankiers

Op 25 april 2018 had de Raad van State een kritisch advi het wetsvoorstel voor wijziging Wft. Op 5 juli 2018 volgden publicatie van dit advies, reactie van initiatiefnemers en aangepast wetsvoorstel voor de Tweede Kamer.

Abolishment of tax deductibility of coupon payments on AT-1 capital instruments announced per 1 January 2019

On Friday 29 June 2018, the Dutch government made public its intention to abolish article 29a Dutch corporate income tax act ('DCITA'), per 1 January 2019. As a result of the abolishment of this provision, coupon payments on so-called additional-tier 1 ('

General market studies are insufficient proof to establish dominance, two Dutch District Courts rule

In two recently published Dutch District Court judgments, the high evidentiary standard for invoking competition law arguments in civil proceedings was confirmed.

De Unifacebeschikking en de gevolgen voor het signing protocol en andere corporate praktijken

Een recente uitspraak van de Ondernemingskamer heeft het in zich wijziging te brengen in de gebruikelijke gang van zaken bij transacties.

Court of Justice: Suppliers of luxury goods may prohibit their authorised distributors from selling on third party internet platforms

On 6 December 2017, the Court of Justice rendered its much anticipated judgment in a dispute between a supplier of luxury cosmetics (Coty) and one of its authorised resellers.

Court of Justice dismisses appeal by Telefónica on non-compete clause in telecoms transaction

On 13 December 2017, the Court of Justice dismissed the appeal brought by Telefónica against a judgment of the General Court (GC) regarding a non-compete agreement [see our July 2016 Newsletter].

UK Court upholds fine against Ping for online sales ban

On 7 September 2018, the UK Competition Appeal Tribunal (CAT) upheld the UK Competition and Market Authority's (CMA) decision fining Ping Europe Limited, a manufacturer of golf clubs, for violating EU and UK competition law.

Dutch Trade and Industry Appeals Tribunal annuls mail market analysis decision

On 3 September 2018, the Trade and Industry Appeals Tribunal (CBb) annulled the market analysis decision regarding 24-hour business mail issued by the Dutch Authority for Consumers and Markets (ACM) on 27 July 2017.

Court of Justice refers case against Infineon in relation to smart card chips cartel back to the General Court

On 26 September 2018, the European Court of Justice partially set aside the judgment of the General Court in the smart card chips cartel case.

Initiatiefwet constitutionele toetsing ingetrokken: op naar rechterlijke toetsing van formele wetten aan de Grondwet?

Onlangs is het initiatiefvoorstel-Van Tongeren over constitutionele toetsing ingetrokken. Dit betekent niet dat constitutionele toetsing geheel van de baan is.

Toegang tot (milieu-)informatie en transparante besluitvorming: fundamentele pijlers van een democratische samenleving

In een recent arrest van 4 september 2018 tikt het Hof van Justitie de Europese Commissie op de vingers voor de geheimhouding die zij aan de dag legt tijdens milieuwetgevingsprocessen. Volgens het Hof van Justitie zijn openbaarheid van bestuur en transpar

Tax Alert: Budget Day tax proposals

On 18 September it was budget day (Prinsjesdag) in the Netherlands on which the Dutch government released several bills of law containing tax law proposals. In this Tax Alert we will provide you with a summary of the main proposals relevant for internatio

Algemene overheidsbesluiten alleen nog digitaal publiceren?

Op dit moment bepaalt de Algemene Wet bestuursrecht nog dat het mogelijk is om algemene besluiten alleen bekend te maken in een dag- en nieuwsbladen. Het spreekt voor zich dat de roep om dit te wijzigen steeds luider wordt.

Rotterdam District Court quashes cartel fines imposed by the ACM on cold storage operators

On 12 April 2018, the District Court of Rotterdam quashed four fines imposed by the Dutch Authority for Consumers and Markets (ACM) on cold storage operators and their respective directors for violating the cartel prohibition.

District Court of Amsterdam rules on requests for pre-procedural hearings

On 29 March 2018, the District Court of Amsterdam ruled on requests for pre-procedural hearings in relation to the alleged infringements in the two separate cases of Trucks and CRT.

European Commission imposes record fine on Altice for premature implementation of PT Portugal acquisition

On 24 April 2018, the European Commission announced that it had imposed a fine of EUR 124.5 million on Altice for acquiring control of PT Portugal before clearance by the Commission ('gun-jumping').

Germany did not err in extraditing an Italian citizen to the US for a competition law infringement

On 10 April 2018, the European Court of Justice ruled that Germany did not breach EU law by extraditing an Italian citizen to the United States for a competition law infringement.

Dutch Under-Minister of Finance clarifies expected changes to the Dutch CIT fiscal unity regime

In his letter (the “Letter”) of 20 April 2018 the Dutch Under-Minister of Finance has answered questions raised by a member of the Second Chamber of Parliament regarding the Dutch corporate income tax (“CIT”) fiscal unity regime. 

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