Turkey and the United Kingdom (the United Kingdom of Great Britain and Northern Ireland ) (the “UK”) signed the Free Trade Agreement (the “FTA”) on December 29th, 2020 just before the UK exits European Union (the “EU”). The FTA, which came into force as of January 1st, 2021, ensures special trading terms for UK businesses, which can continue to export and import under preferential tariffs, compared with no agreement.
On December 7th, 2020, the President of the Polish Competition Authority informed the public about the first decision of its kind regarding the Competition Authority imposing a fine on managers. The fine, an amount of PLN 200,000.00, was imposed on the President of the Management Board of Veolia Energia Warszawa S.A., Jacky Lacombe. Lacombe has been found guilty of violating the competition law.