In May 2022 the European Commission (EC) adopted the Vertical Block Exemption Regulation (VBER) and the new accompanying Vertical Guidelines (Guidelines). See GT Alerts, The New VBER and Vertical Guidelines
Continue Reading The New VBER and Guidelines: Issues with European Commission Approach to Agents Acting for Multiple Principals

On June 30, 2022, the European Parliament (EP) and the Council announced that they had reached a provisional political agreement on the EU Foreign Subsidies Regulation (FSR).

The European Commission
Continue Reading Political Agreement Reached on EU Foreign Subsidies Regulation

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 April 19, 2022, the proposed Dutch Investment Review Act (Wet veiligheidstoets investeringen, fusies and overnames) (Actpassed the Dutch House of Representatives (Tweede Kamer
Continue Reading Dutch Investment Review Act Passes Dutch House of Representatives

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