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Specialist news and analysis on legal risk and regulation

Top News

Vatican City

Financial Crime

February 21, 2025 | Sofia Gerace

Europe

Convicted Vatican ex-financier fails to win 'good faith' backing from UK court
Pile of white-colored papers with "M&A" written on top page, and blue marker

DealRisk®, Mergers and Acquisitions

February 20, 2025 | Ilana Kowarski

North America

Preservation of tough US M&A guidelines suggests plan for vigorous enforcement

Trade

February 20, 2025 | Eliana Hubacker

Europe, North America

EU seeks delay of proposed tariffs in talks with US

Antitrust View More

Plaintiffs in fragrance price-fixing case can take discovery, US judge rules

February 22, 2025 | Clayton Vickers

North America

A New Jersey federal judge has denied four major fragrance companies' motion to dismiss US price-fixing claims based on lack of jurisdiction, ruling that the plaintiffs' jurisdiction arguments aren't "clearly ... (more story)

Senator Blumenthal asks FTC chair for 'thorough explanation' on commissioner independence

February 22, 2025

North America

MLex Summary: US Senator Richard Blumenthal asked Federal Trade Commission chairman Andrew Ferguson raising concerns about steps Ferguson has taken to undermine the independence of the agency, threaten the fun... (more story)

Competition in synthetic data market should be protected, US FTC official says

February 21, 2025 | Khushita Vasant and Chris May

North America

A Federal Trade Commission official today said the market for synthetic data is growing, features many small and large players, and is an environment where market competition needs to be protected to ensure th... (more story)

Artificial Intelligence View More

Republican-led US FTC won't 'disregard' merger remedy offers, Holyoak says

February 21, 2025 | Ilana Kowarski

North America

Merger remedies are back “on the table” at the US Federal Trade Commission now that Republicans lead the agency, Commissioner Melissa Holyoak said today.

Fired US privacy board Democrat says government must avoid AI 'wild west'

February 21, 2025 | Emma Whitford

North America

The US government could end up in a “wild west” using insufficiently vetted artificial intelligence tools if proper guardrails aren’t established and maintained, Travis LeBlanc, one of three recently fired Dem... (more story)

AI misuse, minors' online content safety targeted in China's new campaign

February 21, 2025

Asia

MLex Summary: China’s Internet regulator will enhance AI technology and information content management, strengthen the labeling of generated synthetic content and combat issues like the use of AI technology to... (more story)

Mergers and Acquisitions View More

Faster deal decisions, more transparency promised by US FTC Chairman Ferguson

February 22, 2025 | Flavia Fortes, Wesley Brown and Ilana Kowarski

North America

Dealmakers can expect faster decisions from the US Federal Trade Commission and more certainty in enforcement actions, Chairman Andrew Ferguson said, promising not to drag out investigations as a deterrence strategy.

US DOJ casts doubt on potential GBT-CWT failing firm defense

February 21, 2025 | Curtis Eichelberger

Europe, North America

The US Department of Justice has laid the groundwork against a potential use by Global Business Travel Group and CWT Holdings of a failing firm defense in the DOJ's lawsuit to block the companies' merger.

Oral argument in US Steel, Cfius case scheduled for April 24

February 21, 2025

North America

MLex Summary: The Court of Appeals for the District of Columbia scheduled oral arguments for US Steel case against the Committee on Foreign Investment in the United States for April 24.

Data Privacy and Security View More

US judge blocks DOGE access to Treasury payment system

February 22, 2025 | Maria Dinzeo, Xu Yuan and Mike Swift

North America

A US federal judge blocked DOGE from accessing the Treasury Department's payment systems to prevent the exposure of Americans' sensitive information and confidential financial data, noting that "the granting o... (more story)

DOGE blocked from access to US Treasury Department computers

February 21, 2025

North America

MLex Summary:  A federal judge in New York has granted a motion for a preliminary injunction blocking Elon Musk's Department of Government Efficiency (DOGE) from access to personal information in the US Treasu... (more story)

US House members issue information request for federal privacy legislation

February 21, 2025

North America

MLex Summary: The Republican leadership of the House Committee on Energy and Commerce, Chairman Brett Guthrie of Kentucky and Vice Chair John Joyce of Pennsylvania issued a request for information to stakehold... (more story)

Intellectual Property View More

Sotheby’s beats US false advertising claims over allegedly devalued art

February 21, 2025 | Melissa Ritti

North America

A cancer researcher and art collector saw his lawsuit against Sotheby’s Financial Services and Sotheby’s Inc. dismissed yesterday, when a US judge rejected claims the auction house violated the Lanham Act when... (more story)

In US dispute over ‘Servant,’ Apple bid for sanctions, interest on fees, denied

February 21, 2025 | Melissa Ritti

North America

Apple, in a final judgment entered yesterday in California and on the heels of a January jury verdict in its favor, was declared a prevailing party and given two weeks to seek reimbursement of the attorney fee... (more story)

US judge weighs in on Dubai ‘Storm Coaster’ copyright, trade secret clash

February 21, 2025 | Melissa Ritti

North America

In a dispute over the "Storm Coaster" rollercoaster in Dubai, a Florida federal judge yesterday rejected allegations that a Lichtenstein-based construction firm misappropriated trade secrets associated with th... (more story)

Financial Crime View More

US intends to proceed to trial in bribery case of former Cognizant executives

February 21, 2025 | Samuel Rubenfeld

North America

After completing a review, the government told a US federal judge today that it intends to proceed to trial next month in a corruption case against two former Cognizant Technology Solutions executives. The dec... (more story)

Frank founder, executive sold firm in deal ‘based on lies,’ US argues at trial

February 21, 2025 | Samuel Rubenfeld

North America

Charlie Javice, the founder of tech startup Frank, and her “right-hand man,” former executive Olivier Amar, sold the college financial-planning platform to JP Morgan Chase for $175 million in a deal “based on ... (more story)

Canada launches anti-money laundering intelligence sharing partnership

February 20, 2025

North America

MLex Summary: The Canadian government convened the first working meeting of the new Integrated Money Laundering Intelligence Partnership, which it said will support the permissible sharing of money laundering ... (more story)

Financial Services View More

Coinbase says US SEC agreed to drop enforcement case

February 21, 2025

North America

MLex Summary: Coinbase announced that the US Securities and Exchange Commission has agreed in principle to dismiss an enforcement case against it. “What changed over those two years was the political leadershi... (more story)

EU credit ratings rules for private-sector assets updated by ECB

February 21, 2025

Europe

MLex Summary: The European Central Bank has updated the rules on the use of credit ratings for private-sector assets in the Eurosystem collateral framework. With this move, for private-sector assets the second... (more story)

Cryptoasset businesses invited to comment on global regulatory framework

February 21, 2025

Europe

MLex Summary: The cryptoassets sector has until March 28 to provide feedback to the implementation of the Financial Stability Board's global regulatory framework for cryptoasset activities. The framework cover... (more story)

Trade View More

Trump signs memo to impose US tariffs on nations with digital taxes, restrictions

February 22, 2025 | Bradley Dress

North America

US President Donald Trump today signed a memorandum that opens the door to imposing tariffs on countries that have a digital services tax or other digital restrictions or fines.

Trump memo discusses potential tariffs in response to digital taxes, rules

February 22, 2025

North America

MLex Summary: US President Donald Trump has directed goverment officials to look into the need for tariffs and other actions in response to other countries' digital taxes and regulation. "My Administration wil... (more story)

Grass boards covered by Chinese cabinet duty orders, US trade court rules

February 21, 2025 | Eliana Hubacker

North America

The US Court of International Trade determined that the Commerce Department was reasonable to include cabinets made with phragmite, a perennial wetland grass, within the scope of the antidumping and antisubsid... (more story)

State Aid View More

Denmark's fish processors can have aid to lower CO2 emissions, EU watchdog says

February 21, 2025

Europe

MLex Summary: Large fish-processing companies active in Denmark will be eligible for direct grants under a national package worth 122 million euros meant to reduce greenhouse gas emissions in the sector. The p... (more story)

Romanian support to airport in line with EU state aid rules, watchdog says

February 21, 2025

Europe

MLex Summary: Romanian aid worth 6.6 million euros in favor of the Târgu Mureş airport to finance operating costs and the acquisition of ground handling infrastructure is in line with the bloc's state aid prov... (more story)

Uniper's EUR41 million German aid for hydrogen production wins EU clearance

February 21, 2025

Europe

MLex Summary: Uniper Hydrogen may receive a direct grant worth 41 million euros from the German government to back the company's generation of renewable hydrogen in Huntorf, Lower Saxony. Its "CHESS" project i... (more story)

Energy View More

EU renewable power saw highest increase in 2023, Eurostat says

February 21, 2025

Europe

MLex Summary: Renewable energy sources accounted for 45.3 percent of electricity consumption in the EU in 2023, 4.1 percentage points higher than in 2022, the European Commission said based on Eurostat data. T... (more story)

EU’s 'simplification' push won’t mean deregulation, Dombrovskis says

February 21, 2025

Europe

MLex Summary: The EU’s plan to cut red tape and simplify sustainability reporting laws won’t roll back key European Green Deal initiatives, European Commissioner Valdis Dombrovskis said in a speech today. The ... (more story)

Doel, Tihange nuclear reactors in Belgium will keep running for a decade

February 21, 2025

Europe

MLex Summary: Belgium has secured state aid approval for its plan to keep its two newest nuclear power reactors — Doel 4 and Tihange 3 — open for an additional 10 years, the European Commission said today. The... (more story)

Technology View More

Apple pulls highest-level data protection feature in the UK

February 21, 2025 | Patricia Figueiredo

Europe

Apple will no longer offer its highest-level data protection feature in the UK, the company announced today. This added layer of security, which is optional for users, protects cloud data with end-to-end encry... (more story)

Messaging apps loom large in rekindled UK row over encryption versus online safety

February 21, 2025 | Patricia Figueiredo

Europe

The UK's imminent enforcement of illegal content shared online, most notably child sexual abuse material shared in private messages, threatens a flare-up in a long-running dispute between privacy campaigners a... (more story)

Social media platform Bluesky joins international network to tackle CSAM

February 21, 2025

Europe

MLex Summary: US-based social media app Bluesky joined today a network of platforms using Internet Watch Foundation’s tools to fight child sexual abuse material, also known as CSAM. As regulators across the wo... (more story)