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Specialist news and analysis on legal risk and regulation

Top News

Trade

November 25, 2024 | Laina S. Miller

Asia, North America

Trade court affirms US use of Brazilian data for Chinese keg duties

Trade

November 25, 2024 | Joanna Sopinska

Europe

Indian exports of optical cables to face EU dumping duties

Data Privacy and Security

November 25, 2024 | Matthew Newman

Europe

WhatsApp seeks EU court permission to appeal GDPR fine

Antitrust View More

FICO must face US monopolization suit over credit scores, US judge says

November 25, 2024 | Clayton Vickers

North America

Fair Isaac Corporation, or FICO, must face allegations that it monopolized the US market for business-to-business credit-scores through anticompetitive agreements with credit bureaus like TransUnion, Equifax, ... (more story)

Brazil's CADE to investigate whether Apple abuses dominant position in iOS market

November 25, 2024

Latin America,North America

MLex Summary: The Superintendence of the Administrative Council for Economic Defense, or CADE, has initiated an administrative process against Apple to investigate suspicions of abuse of dominant market positi... (more story)

Booking says end to price ‘parity’ under EU law won’t lead to other ‘equivalent’ curbs

November 25, 2024 | Lewis Crofts

Europe

Travel company Booking.com said it wasn’t using alternative means to limit hotels’ freedom on its platform, having scrapped pricing clauses in a bid to comply with the EU’s law curbing the power of digital gat... (more story)

Artificial Intelligence View More

UK creates national AI security lab ahead of cybersecurity legislation

November 25, 2024

Europe

MLex Summary: The UK is establishing a Laboratory for AI Security Research, known as LASR, to increase cyber resilience and support government aims for tech-enabled economic growth. The new facility will bring... (more story)

Microsoft, Google could face UK lawsuit to determine data flow for AI training

November 25, 2024 | Frank Hersey

Europe

Microsoft and Google could face a class action lawsuit in the UK as a law firm opens onboarding in a case it hopes will reveal where user data goes from products such as LinkedIn, Gmail and Word. The case is a... (more story)

Microsoft, Google could face UK class action over AI training

November 25, 2024

Europe

MLex Summary: Microsoft and Google could face a class action in the UK, as law firm Barings — which says it believes the companies have unlawfully collected and used people’s data to train artificial intellige... (more story)

Mergers and Acquisitions View More

Mars-Kellanova $35.9-billion deal seeks merger clearance in India

November 25, 2024 | Freny Patel

Asia, Europe, North America

US confectionery conglomerate Mars has sought merger clearance from the Indian antitrust watchdog for its proposed acquisition of the global snacking giant Kellanova. In its merger filing to the Competition Co... (more story)

French CMA's purchase of Santos Brasil queried by Brazil CADE

November 25, 2024 | Henrique Santiago

Latin America

The Brazil Administrative Council for Economic Defense’s Superintendence has asked both CMA and Santos Brasil about the sources used to assert that the deal won't have an impact on competition.

UniCredit’s latest planned purchase puts domestic deals back in spotlight

November 25, 2024 | Jean Comte

Europe

Italian lender UniCredit announced this morning its intention to buy its domestic rival Banco BPM. The operation does not mean that the intended Commerzbank takeover is over, CEO Andrea Orcel said today, ackno... (more story)

Data Privacy and Security View More

Australian wealth-advice companies breached privacy laws, watchdog says

November 25, 2024

Oceania

MLex Summary: Two Australian property-investment advice companies breached privacy laws by scraping data to target vulnerable people, says the country’s privacy watchdog. In a statement today, the Office of th... (more story)

Adobe must face US claims over 'dark patterns,' government argues

November 25, 2024

North America

MLex Summary: The US government opposed Adobe’s motion to dismiss claims accusing it and two executives of “trapping” customers into subscriptions and violating the Restore Online Shoppers’ Confidence Act. “Co... (more story)

Negotiations on GDPR procedural reform expected to conclude next year

November 25, 2024 | Sara Brandstätter

Europe

Negotiations on the GDPR procedural reform between EU governments, the European Parliament and the EU Commission are progressing well but still take time, MLex understands. Contrary to the expectations of the ... (more story)

Financial Crime View More

Former Western Asset Management CIO Leech engaged in cherry-picking, US alleges

November 25, 2024 | Samuel Rubenfeld

North America

Kenneth Leech, the former chief investment officer of Western Asset Management, engaged in a cherry-picking scheme where he favored some clients over others, US authorities alleged today. Over the course of th... (more story)

Western Asset Management's former chief investment officer sued by US SEC

November 25, 2024

North America

MLex Summary: Stephen Kenneth Leech, the former co-chief investment officer of Western Asset Management Company LLC, was sued by the US Securities and Exchange Commission for allegedly engaging in a multi-year... (more story)

Former Western Asset Management investment chief charged in 'cherry-picking' scheme

November 25, 2024

North America

MLex Summary: Ken Leech, former chief investment officer of Western Asset Management Company, was charged by federal prosecutors in New York with securities fraud, investment adviser fraud, commodity trading a... (more story)

Financial Services View More

UK cryptoasset firms see regulatory timeline published by FCA

November 25, 2024

Europe

The UK's cryptoasset sector has been given details of the financial services watchdog's plans to implement rules covering trading as well as admission, disclosure and market abuse. The Financial Conduct Author... (more story)

US SEC takes steps to implement 2023 rules on US Treasuries central clearing, Gensler says

November 25, 2024

North America

MLex Summary: The US Securities and Exchange Commission has taken steps to ease implementation of its December 2023 rules on customer clearing in the US Treasury market, Chairman Gary Gensler said. Gensler, wh... (more story)

UK’s attempts to flush out dirty cash are hindered by transparency resistance

November 25, 2024

Europe

MLex Summary: The UK government's attempts to tackle money laundering are being hindered by a lack of corporate transparency in the British Overseas Territories, a campaign group said today. Transparency Inter... (more story)

Trade View More

Saint-Gobain requests US trade duties on Chinese ceramic abrasive grains

November 25, 2024 | Laina S. Miller

North America

Technical ceramics producer Saint-Gobain Ceramics & Plastics, a US-based subsidiary of French multinational Compagnie de Saint-Gobain, has filed a petition with the US International Trade Commission and the De... (more story)

US ceramic material manufacturer petitions for duties on Chinese ceramic grains

November 25, 2024

Asia, North America

MLex Summary: US ceramic material manufacturer Saint-Gobain petitioned the US International Trade Commission and the US Commerce Department to impose antidumping and antisubsidy duty orders on sol gel alumina-... (more story)

US CIT sustains Commerce’s third remand redetermination for Chinese keg dumping order

November 25, 2024

Asia, North America

MLex Summary: The US Court of International Trade has sustained the Commerce Department’s third remand redetermination for the antidumping duty order on steel beer kegs from China.

State Aid View More

Greek state-aid amendments to tonnage program welcomed by EU

November 25, 2024

Europe

MLex Summary: Greece’s amendments to its maritime tonnage tax program — to bring it into compliance with EU state aid rules — were today welcomed by the European Commission. In 2015, the commission voiced conc... (more story)

Estonia must recover aid from Tartu Agro, EU watchdog says

November 25, 2024

Europe

MLex Summary: Public support granted by Estonia to agricultural business Tartu Agro through a land-lease contract is incompatible state aid that needs to be recovered, the European Commission said today. Eston... (more story)

Vodafone-Three clearance would be a ‘surprising’ UK U-turn, Loriot says

November 22, 2024 | Natalie McNelis

Europe

The EU's top merger official has expressed surprise that a merger between Vodafone and Three's UK operations could be approved by the country's competition authority on the basis of behavioral remedies, includ... (more story)

Energy View More

No Russian gas reaches Europe via Azerbaijan pipeline, EU official says

November 25, 2024 | Stefano Porciello

Europe

No Russian gas is reaching Europe through the Southern Gas Corridor pipeline connecting the EU with Azerbaijan, a European Commission spokesperson said today. 

EU system better at cutting aviation emissions than UN program, advocacy group says

November 25, 2024

Europe

MLex Summary: The EU’s Emissions Trading System is more efficient at tackling aviation emissions and climate impact than the UN's Carbon Offsetting and Reduction Scheme for International Aviation, green advoca... (more story)

Global agreement on plastic pollution should be concluded this year, EU commission says

November 25, 2024

Europe

MLex Summary: The European Commission is committed to concluding the negotiations on the Global Plastics Treaty and to reaching an agreement on the text by the end of the year. Among the EU's priorities for th... (more story)

Technology View More

Former Greens’ leader Lamberts to advise EU Commission president

November 25, 2024

Europe

MLex Summary: Philippe Lamberts, former co-leader of the EU Greens, will advise European Commission President Ursula von der Leyen on the work toward achieving the bloc’s climate targets, the commission said i... (more story)

Draft laws for cryptoassets, stablecoins due early 2025, UK government says

November 25, 2024

Europe

MLex Summary: Draft legislation to implement a cryptoasset regulatory framework and a new regulated activity for stablecoin issuance will be published “as early as possible” in 2025, the UK’s  minister for fin... (more story)

UK companies receive guidance on digital identity's trust framework

November 25, 2024

Europe

MLex Summary: UK tech companies saw the government publish today a pre-legislative version of the UK digital identity and attributes trust framework. The guidance sets out rules and requirements for companies ... (more story)