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First trip around the sun: FSR – one year in review

The Foreign Subsidies Regulation has celebrated one year of its application. Time for companies to take stock of the lessons learnt from key developments of this first year. However, ambiguities remain and more is yet to come. Watch this space!

To Prove or Presume? The EC’s Draft Guidelines on exclusionary abuses

The Commission recently published its Draft Guidelines on Exclusionary Abuses of Dominance, which are meant to reflect the EU case law. However, they seem to deviate on important aspects, arguably simplifying the assessment for establishing an abuse.

AFM's spotlight on substantial holding notifications

In its latest market watch, the AFM places a spotlight on notifications of substantial holdings and gross short positions in response to the ongoing public discourse on the issue.

Settlement procedure and fine for vertical price fixing in Belgium

The Belgian Competition Authority imposed a fine of €490,112 on Le Creuset for vertical price fixing (also known as resale price maintenance).

On repeat but louder: the ACM’s 2024 priorities

On 23 January 2024, the ACM announced its priorities for 2024. The energy transition, the digital economy and sustainability are still on the ACM’s priority list, but now with better-equipped enforcement methods available.

Implementatie van de Richtlijn grensoverschrijdende fusie, omzetting en splitsing per afgelopen 1 september 2023

De Wet ter implementatie van de Europese Mobiliteitsrichtlijn (de “wet”) is op 1 september 2023 in werking getreden. Het doel van de Mobiliteitsrichtlijn is het bevorderen van de vrijheid tot vestiging van kapitaalvennootschappen binnen de Europese Unie.

New EU regulation of loan origination by funds

What funds providing debt finance in the EU need to know about new EU rules for loan origination funds.

Commission steers market definition to the 21st century

Companies have a new and improved tool for the competitive assessment of their conduct and intended acquisitions. The European Commission has updated its guidance on how to define relevant markets for the purpose of EU competition law enforcement.

The Insurance Recovery and Resolution Directive

The Insurance Recovery and Resolution Directive (IRRD) was published in the Official Journal of the EU on 8 January 2025. The IRRD introduces a new regulatory framework aimed at strengthening the stability and resilience of the EU insurance sector.

Top tips for doing capital markets deals in the Netherlands

Nora Offergelt and Pieter Schütte have written a Practice Note with Practical Law Capital Markets in which they discuss the top tips for doing capital markets deals in the Netherlands.

Update on Dutch entity classification and anti-base-erosion rules

In this issue of Tax Notes International, Ashley Peeters and Michael Molenaars provide a detailed analysis of recent tax developments in Dutch regulations concerning entity classification and anti-base-erosion rules.

Key takeaways and insights from the EDPB Pseudonymisation Guidelines

On 16 January, 2025, the EDPB released its guidelines on pseudonymisation. These guidelines are not yet finalized, as they remain open for public consultation until 28 February. In this blogpost, we highlight the key takeaways.

Belgian court approves sale of television rights despite no call for tenders

The Brussels Commercial Court ruled on 18 December 2024 that the sale of cycling television rights in Belgium did not violate EU competition rules despite the lack of a formal tender procedure.

EU Compass: Boosting competitiveness as North Star

Are ‘European champion’ companies walled off from unfair (foreign) competition the future? The European Commission recently presented its Competitiveness Compass to navigate the European Union to strengthened competitiveness.

EU Listing Act: Market Soundings Regime

Market soundings are a tool for issuers and financial market participants to gauge investor interest in potential transactions before they are publicly announced. These interactions often involve sharing inside information as defined by the MAR.

ACM rolls the dice on roll-up strategies

For the first time, the Dutch Authority for Consumers and Markets conducted a merger review involving a ‘roll-up strategy’. The outcome of another roll-up strategy merger assessment is pending.

Consumer law and online ‘order buttons’: Supreme Court takes strict approach with far-reaching consequences

The Supreme Court ruled in two cases on the (in)clarity of the text on an order button for online purchases: several buttons did not make it sufficiently clear to consumers that they were entering into a payment obligation.

The EU Green Claims Directive

The EU's proposed Green Claims Directive has emerged as a potential new framework aiming to tackle greenwashing and help consumers make greener choices when purchasing a product or using a service. 

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