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Competition & Regulatory Newsletter This edition looks at recent merger control, antitrust and State aid developments worldwide In this update, we look at the following developments: UK’s Competition and Markets Authority accepts final undertakings to address concerns in Rentokil/MPCL merg... DSTs and State aid: the Hungarian advertising tax State aid case Yesterday, the notice of the General Court's judgment in a similar Hungarian State aid case was published in the Official Journal. Hungary had introduced a progressive turnover tax applicable to broadcasters and publishers of advertisments. Competition & Regulatory Newsletter CMA fines Casio £3.7 million for preventing online discounting of its products The UK’s Competition and Markets Authority has fined Casio £3.7 million for imposing minimum resale prices (a form of resale price maintenance) on retailers that sold its music... The End of LIBOR: Are you ready for Replacement Rates? What about HIBOR? This briefing outlines the progress towards transition from LIBOR and the methods currently under discussion for referencing RFRs in place of LIBOR. LIBOR will cease to be available at the end of 2021. It will be replaced by a Risk Free Rate (RFR) for the... Brexit Essentials: Contracts through a Brexit lens Questions to consider when reviewing material contracts through a Brexit lens. The UK’s exit from the EU and its economic repercussions may have implications for a range of general commercial and other types of contract. This briefing suggests ques... AI and Data Protection - Balancing Tensions Rob Sumroy and Natalie Donovan look at the some of the key data protection concerns relating to artificial intelligence and how it is regulated. As AI becomes ever more prevalent, organisations are starting to grapple with the reality of how to balance AI... Real Estate Newsletter Brexit; AGAs and GAGAs; contracting; out; right to enter; adverse possession; rateable value Topics include: Brexit and frustration - Co-operative v A&A Shah Contracting out - TFS Stores v The Designer Retail Outlet Right of entry - New Crane Wharf v... Employment Bulletin regulation of confidentiality clauses; sexual harassment and maternity discrimination; Agency worker not entitled to same contractual hours as permanent employee; consultation on modern working practices Topics covered in this bulletin: Government’s resp... Pensions Bulletin 5th Money Laundering Directive; Ombudsman jurisdiction; Validating pre-1997 pension increases was “impermissible rewriting of history”; funding regime changes; DWP review of TPR New law 5th Money Laundering Directive Cases High Court rules on Ombudsman... The Commission’s Day in Court: Hong Kong Competition Tribunal Hands Down First Two Judgments Under the Competition Ordinance This Client Briefing provides an overview of the Tribunal’s findings, and the key points of general significance to take away from these landmark cases. On 17 May 2019, the Hong Kong Competition Tribunal handed down two judgments in respect of the first t...