The EU Commission has approved the acquisition of joint control of AquaGreen of Denmark by Marubeni Corporation of Japan, Nordic Alpha Partners Fund of Denmark, and FMG Circular Invest of Sweden. The transaction relates primarily to the wastewater treatment sector.
The agreement was reached between eight EU institutions and bodies. It provides for the joint creation of a new Body for Ethical Standards. MEPs of the Committee on Constitutional Affairs endorsed the deal with 15 votes in favour, 12 against, and no abstentions.
The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger review procedure.
European Consumer Protection Ministers met in Brussels on Friday 19 April for an informal meeting under the Belgian Presidency to exchange their views on key issues and new challenges of consumer protection within the Single Market and the digital transition.
The European Commission invites comments on commitments offered by Vifor to address competition concerns over the alleged disparagement of its closest – and potentially only – competing treatment in Europe for intravenous iron treatment, Pharmacosmos’ Monofer.
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis today. Financial Institutions report $27bn in elder financial exploitation suspicious activity in one year. The data were linked to the illegal or improper use of an older adult’s funds, property, or assets.
“The Merger Regulation has served businesses and consumers and the European economy as a whole very well. By protecting competition in the Single Market. By keeping European markets fair and open. Effective merger control is crucial to European businesses” – EU Commission EVP Vestager.
Consumer trust is the foundation for growth and innovation. Retailers compete fiercely for consumers’ favour every day, making them quite aware of what consumers expect and need.
The Body will be in charge of developing, updating and interpreting common minimum standards for ethical conduct, applicable to all members of EU institutions and bodies, and for the implementation and transparency of rules.
Though EU lobbyists increasingly sign up to the EU transparency register, spontaneous meetings and most EU staff are still exempt from transparency rules. In particular, the EU Auditors warn about risk of NGOs’ funding sources remaining opaque.
More than eight in ten Europeans (81%) believe voting is even more important given the current geopolitical situation. Six in ten citizens (60%) take an interest in the upcoming European elections 6-9 June, 11pp more than at the same point in time prior to the previous vote in May 2019.
EU Court: The name Pablo Escobar may not be registered as an EU trade mark. The public would associate that name with drug trafficking and narco-terrorism.
The Commissioner will meet representatives of the digital finance, payments, and banking communities, and participate in several high-level meetings.
The European Commission has approved, under the EU Merger Regulation (‘EUMR’), Illumina’s plan to divest GRAIL following the restorative measures requiring Illumina to unwind its completed acquisition of GRAIL, which the Commission adopted in October 2023.
EU Commission EVP Margrethe Vestager, US FTC Chair Lina Khan, and the Assistant Attorney General of the US Department of Justice Antitrust Division, Jonathan Kanter, met in Washington for the 4th meeting of the EU-US Joint Technology Competition Policy Dialogue. Their aim: ensuring and promoting fair competition in the digital economy.
According to EU Advocate General Pikamäe, the supervisory authority has an obligation to act when it finds a breach in the course of investigating a complaint. However, the decision as to what corrective action to take depends on the specific circumstances of each individual case (English & German versions)
The aim of the scheme is to facilitate an additional supply of rental flats that the market would not supply by itself. The flats will be provided for an affordable rent to households.
The consultation follows the calls for evidence on civil explosives and pyrotechnics, published in May 2023. These calls sought to collect initial feedback on whether the Directives on explosives for civilian uses and on pyrotechnic articles were still fit for purpose.
With their signature, European political parties committed to upholding ethical and fair campaign practices. Against the backdrop of growing concerns about protecting the integrity of elections in Europe from internal and external threats, this commitment by political parties carries great importance.
The 2023 report shows that, despite a strong reduction in State aid expenditure in 2022 compared to 2021, Member States continued to support companies affected by the crises provoked by the coronavirus pandemic and Russia’s war against Ukraine.
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