Specialist news and analysis on legal risk and regulation
Top News
Trade
November 21, 2024 | Joanna Sopinska
Europe
Financial Crime, Financial Services, Technology
November 20, 2024 | Samuel Rubenfeld
North America
Trade
November 20, 2024 | Laine Cibulskis and Oscar Pandiello
Europe
Antitrust View More
November 21, 2024 | Maria Júlia Baumert
Latin America
The Brazilian competition authority is investigating Intelprice Soluções de Precificação (Aprix) and the Sindicato do Comércio Varejista de Derivados de Petróleo no Estado de Minas Gerais (Minaspetro) for alle... (more story)
November 21, 2024
North America
MLex Summary: Amazon told a Washington federal judge that the US Federal Trade Commission’s request for all personnel reviews of 128 current and former employees would produce “irrelevant, highly sensitive mat... (more story)
November 21, 2024
North America
MLex Summary: The Slack messages of GoDaddy's top brass are unlikely to have any unique relevance to Enti's antitrust claims over website domain access, GoDaddy said in a motion for a protective order filed in... (more story)
Artificial Intelligence View More
November 21, 2024 | Sara Brandstätter
Europe,North America
Content moderation by big social media platforms is shaping to be “the biggest flashpoint” for the new Trump administration in the US with the European Union, data privacy expert Jules Polonetsky today told a ... (more story)
November 21, 2024 | Matthew Newman
Europe
Society’s interest in developing artificial intelligence should be considered when European privacy regulators decide on whether general-purpose AI model training should be allowed to use personal data, law pr... (more story)
November 21, 2024
Africa,Asia,Europe,Latin America,Middle East,North America,Oceania
MLex Summary: The International Network of AI Safety Institutes has agreed on a set of “key aspects” for risk assessments of advanced AI systems. The members have agreed that risk assessments should be actiona... (more story)
Mergers and Acquisitions View More
November 21, 2024
Europe
MLex Summary: Spanish bank BBVA says it has made “unprecedented” commitments to the national competition authority to ease competition concerns about its plan to buy rival Banco Sabadell. They include promises... (more story)
November 21, 2024
Latin America
MLex Summary: The Brazilian competition authority is set to rule on Nov. 27 on three gun-jumping cases. One involves the automotive industry and the other two concern the agriculture business. CADE will also r... (more story)
November 21, 2024 | Jon Menon
Europe
LetterOne, an investment firm founded by Russian oligarchs, may challenge an appeal ruling today that validated its forced sale of regional broadband provider Upp under the UK’s national security law. LetterOn... (more story)
Data Privacy and Security View More
November 21, 2024
North America
MLex Summary: The US Federal Communications Commission has proposed a $734,872 fine against Hong Kong, China-based smart home device manufacturer Eken for apparent violations of FCC rules around privacy and da... (more story)
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)
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)
Financial Crime View More
November 21, 2024 | Phoebe Seers and Martin Coyle
Europe
UK and French authorities have launched a joint bribery and corruption probe into French aviation and defense group Thales. The company has confirmed an investigation into four entities in UK and France. It is... (more story)
November 21, 2024 | Martin Coyle
Europe
BSG Resources boss Beny Steinmetz has lost his bid to overturn his bribery conviction in Switzerland today after jufges rejected his appeal. The mining boss was found guilty of paying millions of dollars in br... (more story)
November 21, 2024 | Inbar Preiss and Martin Coyle
Europe
Tornado Cash developer Alexey Pertsev has been denied permission to be released from his prison by a Dutch court ahead of his appeal to overturn his conviction on laundering billions of dollars in crypto. The ... (more story)
Financial Services View More
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)
November 21, 2024
North America
MLex Summary: The US Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Gazprombank, a conduit for Russia to pay its soldiers and purchase military materiel for its war effort against Ukr... (more story)
November 21, 2024 | Jean Comte
Europe
The EU should wait to see how the upcoming Markets in Crypto-Assets Regulation will be concretely applied, before thinking about tweaking EU rules in this sector, member of the European Parliament Ondrej Kovar... (more story)
Trade View More
November 21, 2024 | Oscar Pandiello
Europe
Plans for the EU’s Deforestation Regulation to be implemented a year later than planned remain in limbo after governments and lawmakers failed to agree on final wording and scope of changes to the proposal in ... (more story)
November 21, 2024 | Laine Cibulskis
North America
Europe needs to prioritize constructive relations with the US, but still must be ready to respond to tariffs from the new administration under former and future President Donald Trump, European Union trade min... (more story)
November 21, 2024
North America
MLex Summary: US glass producer Vitro has petitioned the Commerce Department and the International Trade Commission to impose antidumping and antisubsidy duty orders on float glass products from China and Malaysia.
State Aid View More
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)
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)
November 19, 2024 | Natalie McNelis
Europe
Intermediate Capital Group and Imanes have sought EU foreign-subsidy clearance for a change in control over French frozen food retailer Picard. The European Commission has until Dec. 19 to decide on the deal, ... (more story)
Energy View More
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)
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)
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
November 21, 2024 | Júlia Tar
Europe
The Dutch Green-Labor party alliance in the Dutch Parliament is planning to raise questions about the lack of content moderation staff at X, MLex understands. The questions come as TikTok is facing an investig... (more story)
November 21, 2024 | Jakub Krupa and Sara Brandstätter
Europe
The UK privacy watchdog will offer its views on protections for children's activities online to help inform lawmakers' debate around their use of smartphones, a senior official said. A lawmaker's bill that cou... (more story)
November 21, 2024
Europe
MLex Summary: The EU's cybersecurity agency, Enisa, has highlighted the impact of NIS 2, or Network and Information Systems Directive 2, on cybersecurity spending and readiness. In a report published today, En... (more story)