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No proof of competitive disadvantage? No abusive favouritism

Companies claiming abuse of dominance in civil proceedings have their work cut out for them, as demonstrated by a ruling of the Amsterdam Court of Appeal. Real estate association VBO had accused dominant online platform Funda of favouritism. However, in l

DNB publishes guidelines for outsourcing notifications by insurers

Requirements applicable to outsourcing (including intra-group arrangements as well as outsourcing to the cloud) under Dutch and EU financial regulatory regimes have become more stringent in recent years. Outsourcing has therefore been a priority on the Du

Cyril Fischer

Senior Associate Brussels

Do the math: ACM publishes strategy on monitoring use algorithms

The ACM worries that the use of algorithms may lead to the creation of cartels, or nudge consumers towards a purchasing decision that is not in their best interest.

Stibbe advises Schneider Electric

Stibbe advises Schneider Electric, the leader in the digital transformation of energy management and automation, on its strategic investment in Planon.

A digital transition in the financial services sector

On 24 September 2020, the European Commission (the “Commission”) adopted the Digital Finance Package (the “Package”). The aim of this initiative is to create a competitive EU financial sector that gives consumers access to innovative financial products.

European Banking Federation Guidance on testing of Cloud Exit Strategy

Financial institutions may outsource critical or important functions to cloud service providers (“CSPs”). On 25 February 2019 the European Banking Authority (“EBA”) provided guidelines (the “EBA Guidelines”) laying out the framework for outsourcing arrang

ESMA publishes report on licencing of fintech firms across europe

On 12 July, the European Securities and Markets Authority ("ESMA") published a report on the status of licencing regimes of FinTech firms across the European Union ("EU").

Carolien Michielsen

Senior Associate Brussels

Erik Valgaeren

Partner Brussels

Webinar: Cloud computing in the financial sector

On Wednesday 4 November 2020, Marc Spuijbroek and Roderik Vrolijk will host a webinar about cloud computing in the financial sector, which, at the same time, may be relevant outside that sector. This webinar is part of the TMT Masterclasses webinar-series

ICO to impose record-breaking fines for inadequate security measures and data breaches

Though the European data protection authorities have taken their time in enforcing the GDPR two announcements by the ICO in the UK regarding proposed fines for British Airways and Marriott demonstrate that large fines are about to start landing regularly.

Can you rely on your contract to process personal data?

The EDPB adopted on 9 April 2019 a set of draft guidelines on personal data processing under Article 6(1)(b) GDPR in the context of providing online services to data subjects.

Court of Appeal in the Netherlands decides to appoint independent economic experts in TenneT v ABB

On 20 July 2018, the Court of Appeal of Gelderland published another interim judgment in the ongoing proceedings between TenneT, the grid operator in the Netherlands, and ABB in relation to the gas insulated switchgear (GIS) infringement.

District Court in the Netherlands rules on limitation periods in CRT case

On 27 June 2018, the District Court of East-Brabant ruled on the limitation periods of a damages claim brought by Vestel in relation to the alleged cathode ray tubes (CRT) cartel.

European Commission issues a new Best Practices Code for State aid control

On 16 July 2018, the European Commission adopted a new Best Practices Code for State aid control. With this code the Commission aims to provide clarity to Member States, businesses and stakeholders about the day-to-day conduct of State aid procedures.

General Court dismisses appeals by investor against power cable cartel fine

On 12 July 2018, the General Court dismissed the appeals against the fines imposed by the European Commission in the power cable cartel.

European Court of Justice dismissed Orange Polska’s appeal in abuse of dominance case

On 25 July 2018, the European Court of Justice rejected Orange Polska's appeal relating to a European Commission decision finding an abuse of dominance on the Polish wholesale broadband market.

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