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Specialist news and analysis on legal risk and regulation

Top News

Antitrust, DealRisk®, Mergers and Acquisitions

November 22, 2024 | Natalie McNelis

Europe

EU DMA divisions challenges enforcers, Mundt says
FCC Chair Jessica Rosenworcel.

Data Privacy and Security, Technology

November 21, 2024 | Madeline Hughes

North America

Rosenworcel to depart US FCC, leaving agency in bipartisan deadlock
Anthropic CEO Dario Amodei.

Artificial Intelligence

November 21, 2024 | Amy Miller

North America

Mandatory testing of AI systems needed soon, Anthropic CEO says

Antitrust View More

UK antitrust watchdog's latest drug-pricing setback leaves plenty to chew on

November 22, 2024 | Simon Zekaria

Europe

A court setback for the UK competition regulator this week in its long-running case against Pfizer and Flynn Pharma over drug pricing is a lesson that how it goes about finding infringements can be as importan... (more story)

Pierre Cardin set for EU sanction in Ahlers licensing probe within days

November 22, 2024 | Lewis Crofts and Nicholas Hirst

Europe

Fashion house Pierre Cardin will face a formal EU sanction as soon as next week over suspicions it may have restricted cross-border sales in dealings with Ahlers Group, its largest licensee, MLex has learned. ... (more story)

Apple's mobile browser policies harm competition, UK antitrust regulator finds

November 22, 2024 | Simon Zekaria

Europe

Apple's mobile browser policies hurt competition, the UK antitrust regulator said today, adding that the iPhone maker and rival Google should see their "mobile ecosystem" operations investigated under the coun... (more story)

Artificial Intelligence View More

UK will hold global AI standards summit next year, minister says

November 22, 2024

Africa,Asia,Europe,Latin America,Middle East,North America,Oceania

MLex Summary: The UK’s AI Standards Hub will host a global summit on standards for artificial intelligence technologies next March, a minister told an AI conference organized by the World Trade Organization. T... (more story)

Voluntary approach to AI safety testing could stay, UK science minister says

November 22, 2024 | Frank Hersey

Europe

Developers of frontier artificial intelligence could see the UK continue to rely on a voluntary agreement with them to submit their models for testing by the national AI safety body, a minister has told senior... (more story)

AI could slash trade logistics costs, WTO says

November 22, 2024

Africa,Asia,Europe,Latin America,Middle East,North America,Oceania

MLex Summary: Artificial intelligence could significantly lower trade costs associated with trade logistics, supply chain management and regulatory compliance, the World Trade Organization has found in a new r... (more story)

Mergers and Acquisitions View More

Cinven’s Fressnapf deal wins EU approval

November 22, 2024

Europe

MLex Summary: British private-equity firm Cinven’s acquisition of a stake in German pet food producer and retailer Fressnapf has been cleared by the European Commission. The EU regulator said the deal, under w... (more story)

Spreadex must sell Sporting Index, UK merger regulator says

November 22, 2024

Europe

MLex Summary: Spreadex must sell Sporting Index to remedy potential harm to competition in the market for licensed online sports spread betting services, the UK competition regulator has said. The Competition ... (more story)

Viatris fined by UK CMA for compliance fault over Theramex-Viatris deal

November 22, 2024

Europe

MLex Summary: Viatris has been fined 1.5 million pounds ($1.9 million) by the UK competition regulator for failing to comply with compulsory restrictions imposed during the watchdog's review of its deal with T... (more story)

Data Privacy and Security View More

Foodinho faces EUR5 million Italian GDPR fine

November 22, 2024

Europe

MLex Summary: The Italian food delivery company Foodinho, which is part of the Spain-based delivery Glovo group, has been fined 5 million euros by the national data protection authority for violating the EU's ... (more story)

US Supreme Court dismisses cert in Facebook shareholder lawsuit

November 22, 2024

North America

MLex Summary: The US Supreme Court dismissed the writ of certiori it had granted in a lawsuit brought by Facebook shareholders against the company. "The writ of certiorari is dismissed as improvidently granted... (more story)

Georgia agrees to dismiss Meta addictive algorithms lawsuit

November 22, 2024

North America

MLex Summary: Georgia Attorney General Christopher M. Carr and Meta Platforms filed a stipulation to dismiss the state's lawsuit alleging the company's addictive algorithms harmed children. The parties also ag... (more story)

Financial Crime View More

Güralp Systems has breached terms of UK plea deal, SFO says

November 22, 2024 | Martin Coyle

Europe

Güralp Systems has breached the terms of a 2019 deferred prosecution agreement that the seismic equipment-testing struck over bribery allegations, the UK’s Serious Fraud Office has said. The company became the... (more story)

UK fraud cases face 'significant challenge' from digital caseload, government told

November 22, 2024

Europe

MLex Summary: The continued growth of digital material in complex criminal cases, particularly involving fraud, are causing problems for prosecutors, a legal expert tasked with examining the UK's legal regime ... (more story)

Sanctioned Russian had UK school fees paid by relative, prosecutors allege

November 22, 2024 | Martin Coyle

Europe

The brother-in-law of Dmitry Ovsiannikov, an alleged close ally of Vladimir Putin, faces two additional criminal charges of breaching the UK’s sanctions regime over the alleged payment of private school fees, ... (more story)

Financial Services View More

ECB sets out recommendations on macro-prudential policy for nonbank financial intermediation

November 22, 2024

Europe

MLex Summary: The European Central Bank provided several recommendations to strengthen the macroprudential perspective in the regulation of the nonbank financial intermediation (NBFI) sector. In its response t... (more story)

Life insurers should settle UK bereavement claims faster, watchdog says

November 22, 2024

Europe

MLex Summary: Life insurance firms should settle claims quicker and improve how they measure customer experience, the UK's Financial Conduct Authority has concluded. The multi-firm review found evidence of goo... (more story)

Swiss financial institutions get clarifications on financial services law

November 22, 2024

Europe

MLex Summary: The Swiss Financial Market Supervisory Authority published a circular that clarifies and specifies the rules of conduct under the Financial Services Act. The document provides details on the auth... (more story)

Trade View More

US Commerce initiates duty investigations into door springs from China, India

November 22, 2024

Asia, North America

MLex Summary: The US Commerce Department initiated antidumping and antisubsidy duty investigations into overhead door counterbalance torsion springs from China and India.

Indonesia considering 'fairness' of Apple's $100 million investment offer

November 22, 2024

Asia

MLex Summary: Apple may have increased its investment offer to Indonesia tenfold in a bid to get clearance to sell its iPhone 16 smartphone in the country, but Indonesian officials said they would consider whe... (more story)

China defiant against proposed US tariffs, seeks stable trade relations

November 22, 2024

Asia

MLex Summary: China is able to defuse and withstand the impact of external shocks because it is building a new development pattern that takes the domestic market as the mainstay, with the domestic and internat... (more story)

State Aid View More

German aid to Westspiel must be recovered, EU watchdog says

November 22, 2024

Europe

MLex Summary: A German capital injection of 64.8 million euros in favor of casino operator Westdeutsche Spielbanken isn't in line with the EU's state aid rules and must, therefore, be clawed back, including in... (more story)

Cineca didn't receive Italian state aid, EU watchdog says

November 21, 2024

Europe

MLex Summary: Italian measures in favor of Cineca, a non-profit consortium, whose members include the Ministry of Education and Research as well as universities and institutions in the country, don't constitut... (more story)

Romania's aid to energy-intensive companies wins approval in EU

November 21, 2024

Europe

MLex Summary: Romania has won state aid approval for its plan worth 578 million euros to fund the reduction of a power levy rate for energy-intensive businesses, which promotes electricity from renewable sourc... (more story)

Energy View More

EU should adopt tech neutrality, back nuclear energy, key business lobbies say

November 22, 2024

Europe

MLex Summary: The EU should adopt a technology-neutral approach and back all low-carbon energy sources, including nuclear, the French, German and Italian industry associations have said in a joint declaration.... (more story)

Polluting EU automakers should not be fined next year, center-right EPP set to say

November 21, 2024 | Stefano Porciello and Oscar Pandiello

Europe

EU automakers missing next year’s CO2 reduction goal should not be fined, the powerful center-right European People’s Party is set to say, according to a draft paper seen by MLex. The party also asks to revers... (more story)

Angola's Dos Santos and Ukrainian oligarch Firtash sanctioned under UK 'kleptocrats' crackdown

November 21, 2024 | Martin Coyle

Europe

Isobel Dos Santos, once known as Africa’s richest woman, and Dmitry Firtash, a Ukrainian oligarch accused of bribery, were both sanctioned by the UK government today as part of a dirty money crackdown. The mea... (more story)

Technology View More

Snap pushes back on New Mexico claims that Snapchat fosters spread of CSAM

November 21, 2024 | Mike Swift

North America

Snap this week pushed back against a lawsuit filed by New Mexico’s attorney general, saying policies on the Snapchat platform enable the exploitation of children and the spread of Child Sexual Abuse Material, ... (more story)

US DOJ's Google search remedy would 'negatively impact' browsers, Mozilla says

November 21, 2024

North America

MLex Summary: The US Department of Justice's proposal to prohibit agreements between Google and web browsers to remedy the company's monopolistic conduct in search and search advertising markets "will negative... (more story)

UK data reform nurtures innovation but ensures safeguards to ensure EU adequacy, officials say

November 21, 2024 | Jakub Krupa and Sara Brandstätter

Europe

The UK's planned overhaul of data protection rules seeks to maintain high standards and safeguards while creating a framework "permissive enough" for innovation such as automated decision-making, the technolog... (more story)