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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 handicap 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

Apple's mobile browser rules restrict competitors, UK CMA provisionally finds

November 22, 2024

Europe

MLex Summary: Apple's mobile browser rules restrict competitors, the UK competition regulator has said in provisional findings following its market investigation into mobile browsers and cloud gaming services.... (more story)

Lake Balaton shipping operator avoids Hungarian dominance-abuse fine

November 22, 2024

Europe

MLex Summary: Passenger shipping services operator Balatoni Hajózási has avoided a fine for abusing its market power after it took steps to improve competition, the Hungarian antitrust authority said today. In... (more story)

Apple sees EU drop antitrust probe into e-books, audiobooks

November 22, 2024 | Lewis Crofts

Europe

Apple has avoided further investigation at the European Commission over the way it handles developers of e-books and audiobooks after the regulator closed one of the probes into the company. Restrictions on "s... (more story)

Artificial Intelligence View More

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)

China calls for deeper cooperation on cybersecurity, benevolent tech applications

November 21, 2024

Asia

MLex Summary: China's vice premier Ding Xuexiang has called for deeper cooperation on cybersecurity, strengthening benevolent applications of technology, and properly handling regulatory conflicts, social risk... (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)

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

GDPR reform talks could conclude this year, EU Commission official says

November 22, 2024 | Sara Brandstätter

Europe

Reforms to the EU's privacy law could be agreed before the end of the year, a senior European Commission official has suggested, citing ambitions by Hungary's government, which is currently leading negotiation... (more story)

UK companies see guidance on personal information sharing to tackle scams

November 22, 2024

Europe

MLex Summary: UK data protection law does not prevent companies from sharing personal information to tackle scams and fraud, the national data privacy regulator said today in a statement. Businesses were told ... (more story)

China's Greater Bay Area gets new guidelines on cross-border data flows

November 22, 2024 | MLex Staff

Asia

Data controllers and recipients in China's Greater Bay Area, which includes Hong Kong, now have a new option for advancing cross-border personal data flows within the area through a secure mutual-recognition m... (more story)

Financial Crime View More

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)

Former Nigerian oil minister denies UK bribery charges over luxury 'gifts'

November 22, 2024 | Martin Coyle

Europe

Former Nigerian oil minister Diezani Alison-Madueke has denied accepting luxury goods from Louis Vuitton, thousands of pounds in cash and flights on private jets while in that role as she appeared in a UK cour... (more story)

Canadian investment firm notes US charges against ex-employees, says it's cooperating

November 21, 2024

North America

MLex Summary: CPDQ, a Canadian institutional investment firm, said in an emailed statement to MLex that it is aware of charges filed in the US against former employees. The employees were terminated in 2023 an... (more story)

Financial Services View More

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)

UK financial sector's AI use constrained by data rules, survey shows

November 21, 2024 | Frank Hersey

Europe

UK financial services companies’ use of artificial intelligence is growing rapidly, although data privacy remains a key concern as a regulatory constraint, according to a survey by the UK central bank and fina... (more story)

Trade View More

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)

USITC to continue duty probe of Chinese, Vietnamese heat-shaped fiber products

November 21, 2024 | Laina S. Miller

Asia, North America

The US International Trade Commission has voted to continue the antidumping and antisubsidy investigations of thermoformed molded fiber products from China and Vietnam.

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

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)

European, Chilean hydrogen associations to cooperate on clean hydrogen and trade

November 21, 2024

Europe

MLex Summary: Hydrogen Europe and the Chilean Hydrogen Association, H2 Chile, have signed a memorandum of understanding to foster industry cooperation on clean hydrogen deployment and trade. The partnership ai... (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)

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)

EU Commission avoids significant delays in digital wallet with last-minute agreement

November 21, 2024 | Luca Bertuzzi

Europe

The first batch of technical specifications for the European digital wallet was adopted at a meeting with EU countries’ representatives today, the same day as the statutory deadline. The European Commission in... (more story)