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Digital Law Up(to)date: The European Commission publishes the draft of the Data Act

On 23 February 2022, the European Commission published its draft Data Act, i.e. a proposal for a regulation on harmonised rules on fair access to and use of data. The text is part of the European strategy for data launched by the Commission in 2020.

Getting the Deal Through – Cartel Regulation 2022

Roos Elemans, Stijn de Jong and Kaj Privé contributed to Getting the Deal Through – Cartel Regulation 2022. In their publication, they discuss important issues that apply to cartel regulation in the Netherlands.

Digital Law Up(to)date: Belgian legislator strengthens legislation on crypto-exchange and wallet service providers

On 11 February 2022, the Belgian Official Gazette published a new law modifying the Belgian anti-money laundering law. The objective of the text is to introduce new provisions to regulate crypto-exchange and wallet service providers.

Verplichte rapportering door accountants over fraude en continuïteit in de controleverklaring

De NBA heeft in 2021 voorgesteld om in de Nadere voorschriften controle- en overige standaarden ("NV COS") een verplichting voor accountants op te nemen om in de controleverklaring te rapporteren over fraude en continuïteit.

De deadline voor registratie UBO('s) in het UBO-register nadert

Vennootschappen en andere juridische entiteiten hebben tot 27 maart 2022 voor de registratie van hun UBO’s (ultimate beneficial owners) bij het Nederlandse UBO-register.

Voortgang wetsvoorstel registratie UBO's van trusts en soortgelijke juridische constructies

Op 16 december 2021 heeft de Eerste Kamer de Implementatiewet registratie uiteindelijk belanghebbenden van trusts en soortgelijke juridische constructies (de "Implementatiewet") aangenomen.

Second time lucky: Intel’s EUR 1.06 billion loyalty rebate fine quashed

Intel’s second round at the General Court was significantly more successful than its first. In the first round, the General Court had failed to analyse whether the loyalty rebates at issue were capable of restricting competition. In the second round, afte

Belgium Billiard ball association’s exclusive sponsoring contracts with suppliers of billiard products infringes competition law

A Belgian enterprise Court decided that the Belgian Billiard Association is an undertaking for competition law purposes to the extent that it organises billiard tournaments.

Belgian Competition Authority approves merger between Port of Antwerp and Port of Zeebrugge

By decision of 7 January 2022, the Belgian Competition Authority approved the merger between the Port of Antwerp and the Port of Zeebrugge. This merger deals with two important ports in Europe, in particular in the Hamburg – Le Havre range.

Elske Raedts

Counsel Amsterdam

Jacobijn Renken

Associate Amsterdam

Fleur de Wit

Associate Amsterdam

Take note(s): Qualcomm’s EUR 1 billion dominance abuse fine quashed

The General Court annulled the Commission’s EUR 1 billion fine imposed on Qualcomm for abuse of dominance on the LTE chipsets market.

Stibbe advises Firmenich on merger with DSM

Stibbe advises Firmenich, the world’s largest privately-owned fragrance and taste company, on its merger with Royal DSM, to establish the leading creation and innovation partner in nutrition, beauty and well-being (DSM-Firmenich).

The new VBER is here! Time to update your distribution agreements

The new Vertical Block Exemption Regulation (VBER) entered into force on 1 June 2022. The new VBER is stricter on dual distribution and across-platform retail parity obligations than the old one, but is more lenient towards active sales and online sales r

Park your parking structures: EU Court upholds Canon’s gun jumping fine

Companies involved in M&A transactions had better think twice before temporarily parking a target undertaking with an interim buyer.

AG Emiliou: careful treading in hybrid cartel procedures

On 12 May 2022, Advocate General (AG) Emiliou delivered his Opinion proposing that the European Court of Justice (ECJ) dismiss HSBC’s appeal.

Are you ready for the new Dutch and EU transactional hurdles?

Companies beware: new Dutch and EU transactional hurdles are coming closer. In the Netherlands, new national security investment screening rules are imminent.

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