Claiming 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 market are as environmentally friendly as presented by the companies and thus may be misleading to the consumers in relation to their environmental impact. Such
The 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 Alert.
CBAM would require companies importing cement, electricity, fertilizers, iron, steel, aluminum, and other materials into the EU to pay a carbon adjustment at
On Feb. 20, 2023, Dutch Minister of Foreign Affairs Wopke Hoekstra gave a speech titled “Building a secure European future” at the College of Europe in Bruges, Belgium where he made a plea to “(…) sail to the next horizon where sanctions are concerned.” The Dutch Foreign Minister said European Union
On Nov. 28, 2022, the Council of the European Union adopted a decision to add the violation of restrictive measures to the list of so-called “EU crimes” set out in the Treaty on the Functioning of the European Union.
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On 10 November 2022, the Court of Justice of the European Union (CJEU) issued its preliminary judgment interpreting Article 5(1) of Directive 2014/104/EU of the European Parliament and of the Council of 26 November 2014 (EU Damages Directive). The EU Damages Directive governs actions for damages for infringements of EU competition and Member State national
On Oct. 6, 2022, the Council of the European Union (EU) adopted a new, eighth package of measures (Package) primarily intended to reinforce pressure on the government of the Russian Federation (Russia) and Russia’s economy, weaken Russia’s military capabilities and impose additional consequences on the Kremlin for the recent escalation of the conflict in Ukraine.
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 (Commission) published an extensive white paper in 2020 stating that foreign subsidies in recent years may have distorted the EU internal market. Foreign subsidies to
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 Member States. The Commission has also sent out formal requests for information resulting from Commission concerns that companies may have violated the cartel prohibition provision
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 of EU sanctions an EU crime. Simultaneously, the Commission proposed a new Directive on asset recovery and confiscation. If adopted, the new rules would contribute
On April 19, 2022, the proposed Dutch Investment Review Act (Wet veiligheidstoets investeringen, fusies and overnames) (Act) passed the Dutch House of Representatives (Tweede Kamer) with 148 out of 150 votes in favor. The Act aims to protect Dutch national security by introducing a test for acquisition activities resulting