The global minimum tax (GMT) tax took effect in more than 40 jurisdictions in 2024. This GT Alert highlights elements to consider before year-end.

News and legal updates.
The global minimum tax (GMT) tax took effect in more than 40 jurisdictions in 2024. This GT Alert highlights elements to consider before year-end.
Marking the latest development in the Illumina/Grail saga, on 3 September 2024, the CJEU annulled the General Court’s judgment and European Commission’s decisions allowing EU national competition authorities (NCAs) to…
Continue Reading CJEU Decision in Illumina/Grail Case Restores Clarity on Article 22 ECMR Referrals for Merger ControlThere are three primary aspects of generative AI applications that intersect with copyright protection: (1) machine learning with protected works (the input side); (2) the protectability of works…
Continue Reading EU AI Act’s Opt-Out Trend May Limit Data Use for Training AI ModelsThe EU Listing Act and UK Prospectus Reform are two different legislative reforms with a common goal: making public capital markets in the UK and EU more accessible and attractive…
Continue Reading EU Listing Act: Simplifying a Stock Exchange Listing, in Particular for SMEs and UK Prospectus ReformOn June 23, 2023, the Council of the European Union adopted a new, eleventh package of restrictive measures (Package) to ensure that EU sanctions against Russia are better enforced and…
Continue Reading EU Sanctions Russia with Eleventh Package of Restrictive MeasuresCompanies often point out that there is a tension between sustainability and antitrust/competition. They argue that European Union (EU) – and EU Member States’ national – competition rules…
Continue Reading European Commission guidance for EU competition-compliant possibilities for cooperation between competitors in realizing sustainability objectivesClaiming to be “green” and “sustainable” has become a competitiveness perimeter in the EU, with green products registering greater growth than other products. However, not all products on the EU…
Continue Reading Proposal for an EU Green Claims Directive“Green bonds”[1] have seen a steady increase in recent years, with over $500 billion in green bonds issued in 2022. However, there is some debate over whether all of…
Continue Reading EU Green Bonds: One Step Closer to a New Standard for Sustainable BondsThe European Parliament (Parliament) enacted significant change to the proposed European Union (EU) Regulation for a Carbon Border Adjustment Mechanism (CBAM) in June 2022, as reported in an earlier GT…
Continue Reading CBAM on Track to Take Effect in October 2023The March 2023 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.
Continue Reading GT Newsletter | Competition Currents | March 2023