The Foreign Subsidies Regulation (FSR), one of the EU’s latest state aid instruments, entered into force on January 12, 2023. Now, after six months, it starts to apply. This regulation establishes rules to govern foreign subsidies that could distort the EU’s internal market. It empowers the European Commission (“Commission”) to investigate financial contributions provided by non-EU countries to companies operating in the EU. If these contributions are found to be distortive subsidies, the Commission can enforce corrective measures to remedy these effects.
The Court of Justice of the EU: Competition Authorities May Examine Infringement of Personal Data in the Context of Monopoly Position of the Controller
In one of our previous texts (available here) we wrote about the connection between the protection of competition and protection of personal data, namely whether competition authorities may consider infringements of personal data in their investigations.
David Ilczyszyn Joins Rovenska & Partners as Partner in Prague
Former White & Case Counsel David Ilczyszyn has joined Rovenska & Partners in Prague as a Partner in early July 2023.
Busy and Increasing Headcounts in Ukraine: A Buzz Interview with Timur Bondaryev of Arzinger
Despite the challenges, Ukraine’s internal economy remains strong – and there are significant opportunities for those who can navigate the complexities of the current situation – with lawyers busy with litigation and arbitration, sanctions and antitrust, as well as restructuring and privatization matters, according to Arzinger Founding and Managing Partner Timur Bondaryev.
New General Product Safety Regulation of the EU Enters into Force
The new General Product Safety Regulation of the EU, which has recently entered into force, was published in the Official Journal of the EU on May 23, 2023, and it shall start to apply on December 13, 2024 (“the Regulation”).
DGKV Successful for Miele Center Max Group in Antitrust Proceedings Against Miele Bulgaria
Djingov Gouginski Kyutchukov & Velichkov has successfully represented the Miele Center Max Group before the Commission on Protection of Competition in antitrust proceedings initiated against Miele Bulgaria.
Regulation of Nicotine Pouches in the Czech Republic
Nicotine pouches are small pouches or pads containing nicotine and no tobacco. They are placed under the lip so that the nicotine is absorbed into the body through the mucous membrane. This alternative to traditional tobacco products, especially cigarettes, has been growing in popularity in recent years.