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Competition & Regulatory Newsletter: Scania loses appeal against truck cartel fine On 2 February 2022 the EU General Court dismissed Scania’s appeal against a €880.52 million fine imposed by the European Commission for Scania’s participation in a cartel between truck manufacturers. The ruling represents a significant...
The Intel Effect On 26 January 2022 the European General Court partially annulled a 2009 European Commission decision, in which the Commission found that Intel had abused its dominant position by implementing a strategy intended to exclude its competitors from the market...
EFIG: European Banking Newsletter - February 2022 Developments in this month's edition include: Digital transformation - ECB publishes speech given by Pentti Hakkarainen on the digital transformation of the European banking sector SSM Regulation - ECB decision on transmission of supervisory...
The Transfer Pricing Law Review - 5th edition - United Kingdom chapter Preface by Steve Edge and Dominic Robertson for the fifth edition of The Transfer Pricing Law Review. UK chapter by Steve Edge, Dominic Robertson and Tom Gilliver. Given their economic importance, transfer pricing rules will be high on the corporate tax...
Illumina/Grail: All eyes on the General Court The Commission's new Article 22 policy comes before the European General Court   Last December the General Court heard Illumina’s appeal requesting annulment of the European Commission’s decision to accept jurisdiction in...
Global Investigations Bulletin (February 2022) Our latest Global Investigations Bulletin for February 2022 is now available. This month, we discuss the evolving threat of regulatory investigations on environmental claims, and set out the latest news in global investigations and enforcement actions....
Privatisation: Recent Developments and Opportunities The last few years have seen a flurry of privatisations of Hong Kong listed companies, with a significant portion of them being conducted by way of scheme of arrangements. In this briefing, we highlight two recent legal developments relating to...
Pensions Bulletin - January 2022 Climate risk governance and reporting; accessing flexible benefits; Pension Protection Fund levy rules 2022/23; flat fee charges in DC schemes; employer’s construction of revaluation rule In this month’s Pensions Bulletin, we cover: Useful...
Cryptoassets and Banking: 2022 Outlook In this briefing we consider what might be on the horizon for banks seeking to engage with cryptoasset opportunities in 2022. In particular, we consider what might be in store for stablecoins, the emerging ecosystem that will support the use of...
Competition & Regulatory Newsletter: Deutsche Telekom wins bid to receive default interest on annulled EU antitrust fine On 19 January 2022 the European Commission was ordered to pay Deutsche Telekom approximately €1.8 million in default interest following the reduction of a fine previously paid by the company. On its face, the General Court’s ruling will be...