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Commission reveals first piece of antitrust sustainability puzzle

The European Commission has published a Policy Brief setting out its preliminary views on how to fit the European Green Deal’s sustainability goals into the EU competition rules.

Package of new anti-money laundering rules adopted by European Council

On 30 of May 2024 the Council of the European Union adopted the Anti-Money Laundering and Anti-Terrorism Financing Package (the AML Package). The AML Package will have consequences for market parties.

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.

Killing three birds with one stone: Illumina wins Article 22 battle

The ECJ wrote the epilogue to the Illumina/Grail saga, overturning the EC’s novel ‘Article 22’ approach. It is now clear that the EC cannot accept referral requests to review transactions that fall below the thresholds of national merger control regimes.

Google Shopping: self-preferencing can be abusive

The European Court of Justice has confirmed that Google abused its dominance by favouring its own shopping comparison service and demoting competing ones. However, not all favouritism is doomed.

Sélection des développements juridiques belges et européens

Veuillez trouver ici une sélection des récents développements juridiques belges et européens arrêtés au 31 décembre 2023.

Selectie van EU-BE juridische ontwikkelingen

Hier vindt u een selectie van recente Belgische en Europese juridische ontwikkelingen tot en met 31 december 2023.

Listing Act: Expanded exemptions for managers to trade during closed periods

In October 2024, the European Council adopted the EU Listing Act, a legislative package that includes changes to the Market Abuse Regulation. We discuss the expanded exemptions to the prohibition of PDMRs carrying out transactions during a closed period.

Third time lucky: Intel wins loyalty rebate battle at EU top court

The European Court of Justice has upheld the annulment of Intel’s EUR 1.06 billion fine for abuse of dominance. The judgment provides guidance on how to assess the anti-competitiveness of loyalty rebates.

EU Listing Act enters into force 4 December 2024

The EU Listing Act, which includes updates to the Prospectus Regulation, Market Abuse Regulation, Markets in Financial Instruments Regulation, and to the Markets in Financial Instruments Directive, has been published on 14 November 2024.

Hof van Justitie: enkele verplichtingen KRW gelden niet voor kleine meren (deel VII)

In deze bijdrage, de zevende in de reeks, gaan wij in op een arrest van het Hof van Justitie van de Europese Unie van 25 april 2024 over de vraag of de verplichtingen uit de Kaderrichtlijn Water ook gelden voor kleinere wateren.

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.

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.

Het Europese arbeidsrecht kent geen uniform loonbegrip (annotatie)

Astrid Helstone en Jeanne Leeman bespreken een recent arrest van het Hof van Justitie van de Europese Unie over de Richtlijn 2006/54/EG inzake gelijke behandeling van mannen en vrouwen in arbeid en beroep.

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.

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.

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