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Specialist news and analysis on legal risk and regulation

Top News

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Data Privacy and Security

December 03, 2024 | Patricia Figueiredo

Europe

EU's huge Big Tech GDPR fines don't pack punch, UK privacy regulator says

Antitrust, Energy

December 02, 2024 | Khushita Vasant

North America

BlackRock, State Street say US lawsuit accusing them of coal cartel 'baseless'
Piotr Serafin, European Commissioner for Budget, Anti-Fraud and Public Administration, has named the leaders of his new team.

Antitrust, Artificial Intelligence, Data Privacy and Security, DealRisk®, Energy, Financial Services, Mergers and Acquisitions, State Aid, Technology, Trade

December 02, 2024 | Jean Comte

Europe

EU budget chief Serafin chooses head, deputy head of cabinet

Antitrust View More

UK CAT’s time-bar ruling on Mastercard, Visa claims was flawed, merchants say

December 03, 2024 | Simon Zekaria

Europe

Merchants told UK appeal judges today that the competition court erred last year when it ruled on time-bar matters relating to their card-fee claims against Mastercard and Visa. The merchants argue they can cl... (more story)

Former Michigan football players file amended US antitrust complaint against NCAA

December 03, 2024

North America

MLex Summary: A US class action complaint has been filed against the National Collegiate Athletic Association on behalf of all former University of Michigan football players who played prior to 2016, seeking c... (more story)

Advanz Pharma says UK competition court erred over ruling on thyroid drug pricing

December 03, 2024 | Simon Zekaria

Europe

Advanz Pharma told appeal judges today that the UK competition court handed down a flawed ruling when it supported the Competition and Markets Authority's infringement case against the company over the pricing... (more story)

Artificial Intelligence View More

No need yet for new UK rules on AI in financial services, FCA says

December 03, 2024 | Sofia Gerace

Europe

The UK Financial Conduct Authority is not planning yet to introduce specific rules related to the use of artificial intelligence in financial services, an official said today. A recent report from the FCA foun... (more story)

US FTC bars face-recognition software company from quality misrepresentations

December 03, 2024

North America

MLex Summary: The US Federal Trade Commission entered into a settlement with IntelliVision Technologies Corp. that bars the company from making misrepresentations about the quality and accuracy of its facial r... (more story)

Capital markets firms shifting to AI to meet compliance requirements

December 03, 2024

Europe

MLex Summary: There is a sharp increase in capital markets sector companies identifying artificial intelligence technologies as primary drivers of their compliance efforts, according to Nasdaq’s ninth Annual G... (more story)

Mergers and Acquisitions View More

IBM-HashiCorp deal now expected to close in first quarter of 2025, HashiCorp filing says

December 03, 2024

Europe, North America

MLex Summary: IBM's acquisition of HashiCorp is now expected to close in the first quarter of 2025, according to a US Securities and Exchange Commission filing released by HashiCorp. The companies were hit wit... (more story)

IFood-Shopper deal assigned in Brazil to CADE Tribunal councilor

December 03, 2024

Latin America

MLex Summary: José Levi Mello do Amaral Júnior, a councilor at Administrative Council for Economic Defense, or CADE, has been assigned to review iFood’s acquisition of a stake in Shopper. In October, the Super... (more story)

USW applauds Trump’s continued opposition to US Steel-Nippon Steel deal

December 03, 2024

North America

MLex Summary: United Steelworkers International President David McCall said the union supports President-elect Donald Trump's continued opposition to Nippon Steel's proposed acquisition of US Steel.

Data Privacy and Security View More

UK data protection law is no barrier to stalking victims knowing abuser’s ID

December 03, 2024

Europe

MLex Summary: UK data protection law is not expected to be breached by allowing a victim to know the abuser’s identity, privacy chief John Edwards said today in a statement. The Information Commissioner argued... (more story)

Meta challenges Irish GDPR fine for 'plaintext' passwords data breach

December 03, 2024 | Jakub Krupa

Europe

Social media giant Meta Platforms has challenged the Irish privacy watchdog's decision to fine it 91 million euros for inadvertently storing some passwords in plaintext on its internal systems without cryptogr... (more story)

To fine or not to fine Big Tech? New EU commissioners face tricky calls early on

December 03, 2024 | Lewis Crofts, Nicholas Hirst and Matthew Newman

Europe

The EU’s regulatory campaign against Big Tech has set its enforcers on a collision course with the US under Donald Trump's incoming “America first” administration. EU cases against Apple, Google and X are well... (more story)

Intellectual Property View More

Ericsson meets basic disclosure needs for preliminary injunction bid, UPC says

December 03, 2024

Europe

MLex Summary: Ericsson does not have to submit extensive documentation, the Lisbon division of the EU's Unified Patent Court said in an order released today. Defendants Asustek, Arvato Netherlands and Digital ... (more story)

EV battery grants set to limit EU’s dependency on China

December 03, 2024 | Stefano Porciello, Oscar Pandiello, Joanna Sopinska and Inbar Preiss

Europe

EU battery cell manufacturing projects for electric vehicles will stand a better chance of getting European funding if they diversify away from China, new rules earmarking 1 billion euros to the sector show. N... (more story)

Software vendor can't shake US defamation claim over allegations of patent fraud

December 03, 2024 | Melissa Ritti

North America

Litigation privilege does not extend to statements that Miller Mendel fraudulently obtained a patent for managing background investigation data, a US judge ruled yesterday. Four years after filing a motion to... (more story)

Financial Crime View More

Forfeiture judgement issued in US in Uzbek telecom bribery case

December 03, 2024

Europe, North America

MLex Summary: A US judge issued a judgment ordering the forfeiture of assets tied to an Uzbekistan bribery scheme involving corrupt payments made to Gulnara Karimova, daughter of the late former president. 

Iranian shadow fleet faces further US sanctions

December 03, 2024

North America

MLex Summary: The US imposed sanctions on 35 entities and vessels that play a critical role in transporting illicit Iranian petroleum to foreign markets, placing additional costs on Iran’s petroleum sector fol... (more story)

Hayhoe appointed first Covid corruption chief by UK government

December 03, 2024 | Martin Coyle

Europe

A Covid Counter-Fraud Commissioner, who will be responsible for helping recoup huge losses to fraud during the pandemic, was appointed by the UK government today. Tom Hayhoe, an expert in UK health policy, wil... (more story)

Financial Services View More

UK financial watchdog asks Supreme Court to decide fast on car finance

December 03, 2024

Europe

MLex Summary: The UK Supreme Court has received a letter from the Financial Conduct Authority, which is seeking to speed up the process regarding the appeal application from Close Brothers and FirstRand Bank o... (more story)

US CFPB proposes limiting data brokers' ability to sell personal data

December 03, 2024

North America

MLex Summary: The US Consumer Financial Protection Bureau proposed a rule to rein in data brokers that sell sensitive personal and financial information. The proposed rule would limit the sale of personal iden... (more story)

EU investment firms receive revised supervisory reporting framework

December 03, 2024

Europe

MLex Summary: The revised reporting framework for investment firms was released today by the European Banking Authority. The supervisory reporting and disclosures of investment firms were amended to comply wit... (more story)

Trade View More

CSPV cells from four countries dumped in the US, Commerce determines

December 03, 2024

Asia, North America

MLex Summary: The US Commerce Department preliminarily determined that crystalline silicon photovoltaic cells from Cambodia, Malaysia, Thailand, and Vietnam are dumped in the US.

Chinese phosphate esters dumped in the US, Commerce determines

December 03, 2024

Asia, North America

MLex Summary: The US Commerce Department preliminarily determined that alkyl phosphate esters from China are dumped in the US.

Russian man charged in US with attempted illicit export of small aircraft

December 03, 2024

North America

MLex Summary: Sergey Nechaev, a dual US-Russian citizen, was arrested in the US state of Georgia on charges related to the unlawful attempted export of two small aircraft to Russia. In conjunction with the arr... (more story)

State Aid View More

EU backs battery, green hydrogen, cleantech producers, earmarking EUR4.6 billion

December 03, 2024

Europe

MLex Summary: EU battery, green hydrogen and net-zero technology producers today saw the European Commission set aside 4.6 billion euros ($4.8 billion) under the Innovation Fund and its Hydrogen Bank. The batt... (more story)

Ribera blends energy, competition expertise in new team of EU advisers

December 02, 2024 | Lewis Crofts, Nicholas Hirst and Jean Comte

Europe

Teresa Ribera, Europe’s incoming competition and energy chief, is putting the finishing touches to her private office, bringing together legal and energy-policy expertise to oversee enforcement of the bloc’s p... (more story)

EU carmakers, infrastructure operators queried on alternative fuels rules

December 02, 2024

Europe

MLex Summary: The European Commission is seeking feedback on its draft rules under the EU legislation on alternative fuels infrastructure. The three consultations opened today cover additional data types on pu... (more story)

Energy View More

EU CO2 emissions permits for buildings, road transport in 2027 officially issued

December 03, 2024

Europe

MLex Summary: The European Commission has set the quantity of CO2 emissions allowances to be issued under the Emissions Trading System for buildings, road transport and additional sectors for 2027, at 1,036,28... (more story)

EU gas storage-refill goals for 2025 published in Official Journal

December 03, 2024

Europe

MLex Summary: EU member states' intermediate gas storage-filling targets for 2025 were published today in the bloc's official bulletin. EU countries are given five intermediate refilling goals throughout the y... (more story)

Countries fail to conclude global plastics agreement

December 02, 2024

Europe

MLex Summary: The fifth session of negotiations on the Global Plastics Treaty finished without an agreement from the UN member states. Talks will, therefore, continue in 2025. The EU regrets the inconclusive g... (more story)

Technology View More

TikTok faces European Parliament grilling over role in Romania elections

December 03, 2024 | Matthew Newman

Europe

TikTok officials faced a barrage of questions from EU lawmakers about its involvement in recent Romanian elections, with politicians demanding how the social-media platform could allow political advertising wh... (more story)

Meta shares its election lessons about balancing free speech with preventing disinformation

December 03, 2024

Europe

MLex Summary: From tackling AI-driven disinformation to boosting voter engagement tools, Meta’s strategies aimed to protect democracy while adapting to evolving challenges in digital platforms, Nick Clegg, Met... (more story)

China firmly opposes US semiconductor export controls measures, Mofcom says

December 03, 2024

Asia

MLex Summary: China firmly opposes the US semiconductor export control measures announced Dec. 2, including the addition of 136 Chinese entities to the export control list. A spokesman for the Ministry of Comm... (more story)