332 results District Court ruled on the recognition of the res judicata effect of a Turkish judgment and dismissed an antitrust follow on damages claim regarding the cathode-ray tube markets The District Court of Oost-Brabant recognized the res judicata effect of a Turkish court of appeal judgment, in which the Turkish court had dismissed antitrust damages claims brought by Vestel against Philips, Samsung, LGE, Technicolor, TTD and TDP. The Commission’s ‘killer’ pharma campaign: reason to complain? The European Commission is on the prowl in the pharma sector. Recent cases on alleged disparagement and pipeline drugs-killings show that it is not afraid to show its teeth and, ultimately, bite. Digital antitrust conduct: too elusive to catch? The ink on the Digital Market Act has barely dried, but fast-evolving digital developments already have competition authorities calling for new tools. Is Big Tech not kept in check by the DMA, the antitrust rules and the EU Merger Regulation after all? The Foreign Subsidies Regulation’s initial focus on China Although the text of the Foreign Subsidies Regulation is not aimed at specific countries, the European Commission’s initial enforcement actions appear to be targeting Chinese subsidies. 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. If you have nothing nice to say…Teva fined heavily for abusive conduct Dominant pharma companies had better watch their words and use the patent system wisely. Pharma company Teva was fined EUR 462.6 million for disparagement and ‘divisional gaming’ to delay market entry and hinder the uptake of a competing drug. 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. Stibbe contributes to Chambers ESG Guide 2024 The year 2024 has been notable for developments in ESG. Climate cases, impactful new laws and regulations, and geopolitical developments have shaped – or will largely shape – companies' choices. Stibbe has been a key contributor to the Chambers ESG Guide. The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures. 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. Richtlijn beloningstransparantie: waterval aan gelijkebeloningsclaims aanstaande? In mei 2023 is de Richtlijn beloningstransparantie (de Richtlijn) in het EU-Publicatieblad verschenen. Deze Richtlijn beoogt de transparantie op het gebied van gelijke beloning tussen mannen en vrouwen te vergroten. 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. 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. Ontwikkelingen op het gebied van duurzaamheidsverslaggeving Op grond van de CSRD zullen beursgenoteerde ondernemingen en overige grote ondernemingen op relatief korte termijn een uitgebreid duurzaamheidsverslag moeten opstellen aan de hand van Europese standaarden voor duurzaamheidsverslaggeving. 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District Court ruled on the recognition of the res judicata effect of a Turkish judgment and dismissed an antitrust follow on damages claim regarding the cathode-ray tube markets The District Court of Oost-Brabant recognized the res judicata effect of a Turkish court of appeal judgment, in which the Turkish court had dismissed antitrust damages claims brought by Vestel against Philips, Samsung, LGE, Technicolor, TTD and TDP.
The Commission’s ‘killer’ pharma campaign: reason to complain? The European Commission is on the prowl in the pharma sector. Recent cases on alleged disparagement and pipeline drugs-killings show that it is not afraid to show its teeth and, ultimately, bite.
Digital antitrust conduct: too elusive to catch? The ink on the Digital Market Act has barely dried, but fast-evolving digital developments already have competition authorities calling for new tools. Is Big Tech not kept in check by the DMA, the antitrust rules and the EU Merger Regulation after all?
The Foreign Subsidies Regulation’s initial focus on China Although the text of the Foreign Subsidies Regulation is not aimed at specific countries, the European Commission’s initial enforcement actions appear to be targeting Chinese subsidies.
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.
If you have nothing nice to say…Teva fined heavily for abusive conduct Dominant pharma companies had better watch their words and use the patent system wisely. Pharma company Teva was fined EUR 462.6 million for disparagement and ‘divisional gaming’ to delay market entry and hinder the uptake of a competing drug.
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.
Stibbe contributes to Chambers ESG Guide 2024 The year 2024 has been notable for developments in ESG. Climate cases, impactful new laws and regulations, and geopolitical developments have shaped – or will largely shape – companies' choices. Stibbe has been a key contributor to the Chambers ESG Guide.
The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures.
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.
Richtlijn beloningstransparantie: waterval aan gelijkebeloningsclaims aanstaande? In mei 2023 is de Richtlijn beloningstransparantie (de Richtlijn) in het EU-Publicatieblad verschenen. Deze Richtlijn beoogt de transparantie op het gebied van gelijke beloning tussen mannen en vrouwen te vergroten.
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.
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.
Ontwikkelingen op het gebied van duurzaamheidsverslaggeving Op grond van de CSRD zullen beursgenoteerde ondernemingen en overige grote ondernemingen op relatief korte termijn een uitgebreid duurzaamheidsverslag moeten opstellen aan de hand van Europese standaarden voor duurzaamheidsverslaggeving.