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Specialist news and analysis on legal risk and regulation

Top News

Financial Services

April 15, 2025 | Neil Roland

North America

US CFPB's 2024 credit-card late fee rule illegal, US judge rules

Antitrust, Technology

April 15, 2025 | Clayton Vickers

North America

Google says its proposed remedies address more than required by US court ruling

Data Privacy and Security

April 14, 2025 | Xu Yuan

North America

US states push for tax on social media despite ongoing legal challenge

Antitrust View More

Altria no longer faces UCL, monopolization claims from indirect purchasers, resellers

April 15, 2025

North America

MLex Summary: Indirect purchaser plaintiffs and indirect reseller plaintiffs have told Altria that they no longer intend to pursue their monopolization and their California Unfair Competition Law claims agains... (more story)

Ports are priority for Italian antitrust watchdog

April 15, 2025 | Nicholas Hirst

Europe

Italy’s ports are an ongoing concern for the country’s competition authority, according to its president. Roberto Rustichelli cited three cases to Italian lawmakers at a hearing today, all of which involve the... (more story)

Meta, EU to face off next month in court hearing over ‘gatekeeper’ services

April 15, 2025 | Lewis Crofts

Europe

Meta Platforms will appear before EU judges on May 15 to dispute the inclusion of its Messenger and Marketplace services under digital gatekeeper rules. The hearing is the General Court’s next opportunity to s... (more story)

Artificial Intelligence View More

Amid AI race, US tariff woes, South Korea drafts enlarged extra spending bill

April 15, 2025 | Choonsik Yoo

Asia

Worried that the country could lose in the global AI race, South Korea's government finalized an enlarged supplementary budget bill worth 12 trillion won ($8.43 billion) that includes plans to secure more AI c... (more story)

US needs 'unapologetic America First' AI policies, says Trump's top tech advisor

April 15, 2025 | Amy Miller

North America

Artificial intelligence is a strategic and economic asset, and the US must adopt an “unapologetic America First" approach to protect and promote the technology, especially against China, Michael Kratsios, the ... (more story)

South Korea sets $8.43 billion bill to boost AI sector, mitigate tariff, fire damage

April 15, 2025

Asia

MLex Summary: South Korea’s government announced today the final details of its supplementary budget bill worth 12 trillion won ($8.43 billion) to support the artificial intelligence and high-end semiconductor... (more story)

Mergers and Acquisitions View More

Petlove faces hurdles to involvement in Brazilian pet care deal due to contradictions

April 15, 2025 | Henrique Santiago

Latin America

Petz and Cobasi’s main rival has made a second effort to participate in the deal review, arguing to Brazil’s competition watchdog that the deal is harmful to a fair competition environment. But the two merging... (more story)

Omnicom-IPG deal gets approval from China

April 15, 2025 | Wesley Brown

Asia, North America, Oceania

Omnicom and Interpublic Group have received clearance for their proposed deal from regulators in five countries, including China, CEO John Wren announced in an earnings call today.

Louis Dreyfus Company gets EU blessing to buy Viterra assets

April 15, 2025 | Nicholas Hirst

Europe

The Louis Dreyfus Company has secured the preliminary blessing of the EU's merger watchdog to buy Viterra's oilseed businesses in Hungary and Poland, clearing one hurdle for Bunge Global's $8.2 billion takeover of Viterra.

Data Privacy and Security View More

WhatsApp, NSO face broad evidence restriction in upcoming US trial over spyware

April 16, 2025 | Xu Yuan

Middle East, North America

A US federal judge imposed wide-ranging restrictions on WhatsApp and NSO, the owner of the spyware Pegasus, over what evidence they are allowed to use in an upcoming trial to determine how much NSO owes for il... (more story)

Trump initiates critical minerals investigation in US

April 15, 2025

North America

MLex summary: US President Donald Trump initiated an investigation into imports of critical minerals under section 232. Trump signed an executive order today that requires the US Department of Commerce to revi... (more story)

Judge issues sweeping evidence-barring ruling ahead of US Pegasus trial

April 15, 2025

Middle East, North America

MLex Summary: In an upcoming compensatory damages trial related to spyware firm NSO Group's illegal installation of its software product Pegasus on Meta's messaging app WhatsApp to spy on its users, a US feder... (more story)

Intellectual Property View More

Lord & Taylor fails to pierce corporate veil in suit against counterfeit supplier

April 15, 2025

North America

MLex Summary:  While Lord & Taylor EComm's central claims of breach of contract and fraud against Circle Business survived a motion-to-dismiss, US Northern District of California Judge Naomi Buchwald said L&T ... (more story)

Lord & Taylor loses US indemnification bid over Gucci counterfeits

April 15, 2025 | Nick Robertson

North America

Lord & Taylor EComm was denied indemnification yesterday from a judgment it faces for selling Gucci counterfeits in a US suit against its supplier. A Southern District of New York judge also held that Lord & T... (more story)

Board construction of ‘sterilized’ jives with UK safety standard, US court says

April 15, 2025 | Melissa Ritti

North America

Findings by the Patent Trial and Appeal Board that a person of skill in the art would have known that “sterilized” is the equivalent of “sterile,” as that term is used in the UK’s Public Assessment Report for ... (more story)

Financial Crime View More

Former Peruvian president, wife found guilty, jailed for laundering Odebrecht funds

April 15, 2025

Latin America

MLex Summary: A Peruvian court found the country's former president Ollanta Humala and his wife, Nadine Heredia, guilty of money laundering and sentenced them each to 15 years in prison. They took illegal cont... (more story)

Meta may have violated US bribery law, US senator says, citing tipster's claim

April 15, 2025

North America

MLex Summary: Senate Judiciary Committee Chairman Chuck Grassley, a Republican from Iowa, is demanding answers from Mark Zuckerberg, chairman and chief executive of Meta Platforms, on the company’s reported ef... (more story)

Former Meinl boss Weinzierl sees US extradition appeal blocked by UK judge

April 15, 2025 | Martin Coyle

Europe

Former Meinl Bank boss Peter Weinzierl has seen his bid to overturn his extradition to the US on money laundering charges refused after a UK judge dismissed his appeal. Judge Adam Johnson said there were no gr... (more story)

Financial Services View More

US OCC releases letter on information security incident to supervised institutions

April 15, 2025

North America

MLex Summary: The US Office of the Comptroller of the Currency publicly released a letter sent to its supervised institutions regarding unauthorized access to OCC e-mail systems. The OCC said it immediately di... (more story)

UK financial firms’ operational resilience testing faces fresh scrutiny

April 15, 2025

Europe

MLex Summary: The UK's Financial Conduct Authority has said its supervisory focus is changing, now that the deadline has passed for banks and insurers to embed its operational resilience rules. In a blog post ... (more story)

Financial sector, member states quizzed on EU capital markets integration

April 15, 2025 | Fanny Roux

Europe

The European Commission launched a consultation on April 15 to gather feedback on obstacles to capital markets integration across the EU. Insights from financial sector participants are intended to help shape ... (more story)

Trade View More

Nvidia announces $500 billion US investment

April 16, 2025

North America

MLex summary Computer chip giant Nvidia announced a $500 billion investment in the US. The company said in a blog post it will build over the next four years AI infrastructure in the US, including two supercom... (more story)

USITC considers injury to US producers from solar cells, module imports

April 15, 2025 | Bradley Dress

Asia, North America

Domestic solar cell and module producers testified before the US International Trade Commission today that the industry has suffered harm from imports of cells and modules from Cambodia, Thailand, Malaysia and... (more story)

US Synthetic patent wrongly declared eligible, USITC respondents say

April 15, 2025 | Melissa Ritti

North America

Which standard of review — de novo, or for substantial evidence — applies at the US Court of Appeals for the Federal Circuit when reviewing findings of patent ineligibility by the US International Trade Commis... (more story)

State Aid View More

Norway wins EFTA state aid nod for offshore wind farm

April 15, 2025

Europe

MLex Summary: Norway has secured approval by the EFTA Surveillance Authority for its plan to fund a program to develop a wind farm in Utsira Nord, located in the North Sea. The farm will raise renewable energy... (more story)

EU law for state aid exemption needs simplification, member states say

April 15, 2025 | Jean Comte

Europe

The EU General Block Exemption Regulation needs to be simplified, according to comments from several member states seen by MLex. The legal text, which sets out some conditions to exempt state aid from the Euro... (more story)

Spanish renewable hydrogen plan wins EU state aid approval

April 15, 2025

Europe

MLex Summary: Spain has won European Commission approval for its plan to spend 400 million euros to boost its generation of renewable hydrogen. Production will be supported through the “Auctions-as-a-Service” ... (more story)

Energy View More

EU automotive sector invited to comment on Euro 7 emissions rules

April 15, 2025

Europe

MLex Summary: The European Commission today opened a public consultation on specific draft rules under the Euro 7 emission standards, which limit exhaust emissions and introduce requirements for battery durabi... (more story)

EU seeks feedback on fund designed to promote net-zero technologies

April 15, 2025

Europe

MLex Summary: The European Commission is seeking feedback on the functioning of its "Innovation Fund," a funding program aimed at promoting innovative net-zero technologies. The program is financed by revenues... (more story)

Europe is fastest-warming continent; 2024 recorded as hottest year

April 15, 2025

Europe

MLex Summary: Europe is the fastest-warming continent, with 2024 being the hottest year on record, according to a report published today by the EU Copernicus Climate Change Service and the World Meteorological... (more story)

Technology View More

Missouri's rulemaking to age-gate internet access has First Amendment implications

April 15, 2025 | Madeline Hughes

North America

Missouri Attorney General Andrew Bailey is likening his use of rulemaking power to limit children’s access to online adult content to barring the purchase of age-restricted materials like tobacco. But laws att... (more story)

Media Matters defends US case against X Corp.

April 15, 2025

North America

MLex Summary: Media Matters, a watchdog group that assailed the content moderation practices of X Corp., opposed a motion to dismiss a US litigation against the company, saying that the court has already ruled... (more story)

Platforms near UK online-safety deadline for children's access assessments

April 15, 2025 | Patricia Figueiredo

Europe

Social-media sites and other online platforms with UK users face a deadline of tomorrow to assess how likely they are to be accessed by children, ahead of online safety regulator Ofcom publishing final codes o... (more story)