CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Further to the December 2023 amendments to the Romanian regime for screening inbound direct investments (that we previously covered here), which formally included EU investors within the scope of screening, the Romanian Parliament has adopted a new law (the “New Law”) to further strengthen the approach towards EU investors.
Gessel has advised Gaz-System on the merger clearance of its acquisition of Gas Storage Poland from Orlen.
The Turkish Competition Authority's proactive measures in various sectors have been the element to follow in Turkiye according to Actecon Managing Partner Bahadir Balki, with the TCA's current priorities including labor market investigations, resale price maintenance, and digital market regulations.
Kocian Solc Balastik has successfully represented REMA before the European Commission regarding a complaint to investigate whether the Czech Republic, acting through the Ministry of the Environment, violated its obligations under EU law by creating an anti-competitive environment in the packaging sector in favor of EKO-KOM.
On June 12, 2024, the Bulgarian Council of Ministers released a draft bill for public discussion, aiming to revise the Bulgarian Consumer Protection Act (“CPA”) to align with the requirements of the General Product Safety Regulation 2023/988 (“GPSR”) and the Class Action Directive 2020/1828 (the “Class Action Directive”).
The European Commission has imposed a hefty EUR 337.5 million fine on Mondelēz International, Inc., the world-famous producer of Oreo, Milka and Toblerone, for restricting cross-border trade of chocolate, biscuits, and coffee products among EU Member States, in violation of EU competition regulations.
Havel & Partners has represented HP Tronic and NAY on merger clearance from the Czech Office for the Protection of Competition and the Slovak Antimonopoly Office for their merger.
