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European capital markets: multiple-vote share structures

The European Commission put forth a proposal for a directive on multiple-vote share structures. In this blog, we discuss the use of multiple-vote share structures in the EU and the Netherlands and provide insights into the proposed directive.

Slovak Telekom: ECJ on essentials of the ‘essential facilities’ doctrine

Only dominant companies with a “genuinely tight grip” on the market can be forced to grant rivals access to their infrastructure.

ECJ in Pometon: beware of too much info in staggered hybrid proceedings

In hybrid cartel proceedings (in which one party opts out of settlement), settlement decisions should not pre-judge the outcome of the Commission's investigation into non-settling parties.

Court bundles educational publishers merger off to ACM for reassessment

Digital mergers have steered competition authorities away from their usual mantra of structural over behavioural remedies. The Rotterdam District Court recently gave its blessing to the ACM’s remedies for securing access to a digital school platform.

Pay-for-delay saga ends with nothing new; but pharma quest continues

On 25 March 2021, the ECJ ended the Lundbeck pay-for-delay saga by dismissing the appeals from Lundbeck and five generic manufacturers against a European Commission ‘pay-for-delay’ decision.

Proposal for a Directive on Corporate Sustainability Due Diligence

On 23 February 2022 the European Commission (the "Commission") published a proposal for a Directive on Corporate Sustainability Due Diligence (the "CSDD proposal").

Advocate General opinion on further unlawful processing

In a recent opinion delivered by Advocate General Campos Sánchez-Bordona, the European Court of Justice is asked to interpret key provisions of the GDPR concerning the rights of individuals whose personal data has been unlawfully processed.

ESMA guidance on pre-close calls with analysts

ESMA issued a statement on the practice of organising pre-close calls, where issuers share information with analysts immediately before a closed period. ESMA reiterates the legislative framework and identifies best practices for these calls.

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.

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.

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.

Introduction of dividend withholding tax in relation to low tax jurisdictions as per 2024 and update Dutch double tax treaty policy

This Tax Alert will address two Dutch international tax policy proposals as included in letters that the Dutch State Secretary of Finance recently sent to the Dutch parliament on 29 May 2020. We note that the proposals are still subject to parliamentary d

Dutch Supreme Court: non-resident investment fund eligible for refund of Dutch dividend withholding tax

On 23 October 2020, the Dutch Supreme Court ruled that a non-resident UCITS fund is eligible for a refund of Dutch dividend withholding tax with respect to its investments in the Netherlands if strict criteria are met.

Dutch Tax Aspects of Debt Restructurings

In this issue of Tax Notes International, Ashley Peeters and Michael Molenaars analyse key tax considerations related to restructurings in the Netherlands.

Masterclass: e-signature and electronic identifiers

Stibbe is organising a Masterclass on 26 September 2019 in Amsterdam on the subject of e-signature and electronic identifiers. This Masterclass will cover the legal framework and focus especially on the numerous possibilities for applying the various elec

General Court leaves door ajar for pharma companies in the Servier-case

On 12 December 2018, the General Court partly annulled the Commission's decision to fine drug manufacturer and originator company Servier and five generic companies in a reverse payment patent settlement case.

Partial fine reduction for Deutsche Telekom and Slovak Telekom for abuse of dominance

The General Court recently clarified that to establish a margin squeeze in the case of positive margins, the Commission needs to prove the exclusionary effects of the dominant company's pricing practices.

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.

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