On 10 May 2022, the European Commission adopted the long-awaited new Vertical Block Exemption Regulation (VBER) and the new accompanying Vertical Guidelines (Guidelines). The VBER entered into force on 1
Continue Reading The New VBER and Vertical Guidelines Explained: Key Takeaways

On May 17, 2022, the European Commission (Commission) announced it had conducted so-called “dawn raids” (i.e., unannounced inspections) at multiple undisclosed companies in the fashion industry in several European Union
Continue Reading European Commission Raids Fashion Companies Over Anti-Competitive Concerns

To make it easier to investigate, prosecute, and punish violations of restrictive measures in all EU Member States, on May 25, 2022, the European Commission (Commission) proposed making the violation
Continue Reading European Commission Proposes Criminalizing Economic Sanctions Violations and Bolsters Asset Recovery Measures

On 1 August 2022, the Act implementing the EU Directive on Transparent and Predictable Working Conditions (the Act) likely will enter into force, as EU Member States have until
Continue Reading The Act Implementing the EU Directive on Transparent and Predictable Working Conditions: An Overview

Following Russia’s invasion of Ukraine, the EU has adopted a wide range of sanctions against Russian and Belarusian individuals and companies, including restrictions on export and access to financial markets.
Continue Reading EU Temporary Framework for State Aid Measures in Response to Ukraine Conflict and to Support Banking Sector

For companies subject to U.S. economic sanctions regimes, compliance is complicated by Regulation (EC) No 2271/96 (EU Blocking Regulation), which was updated in 2018 in light of the U.S. position
Continue Reading Conflicting EU, US Economic Sanctions Regimes: Implications for Multinational Companies

On Jan. 5, Mr. Mohammed Chamin – a Member of the European Parliament and the “rapporteur” on the proposed Carbon Border Adjustment Mechanism (CBAM) in the Parliament’s Committee on Environment,
Continue Reading Possible Amendments to EU Proposed Carbon Border Adjustment Mechanism