Sun. Oct 6th, 2024

LEGAL AFFAIRS

LATEST NEWS

artificial intelligence, network, programming

Real world competition impact of GenAI and virtual worlds: EU policy brief

The policy brief, written by EU Commission staff, explores market dynamics, emerging tendencies, and barriers to entry in these sectors. It suggests elements of a preliminary framework for the analysis of cases, such as theories of harm and efficiency gains. In particular, it looks at what types of anticompetitive concerns may emerge and at the possible tools to address them.

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EU Court: EU Commission erred in cases concerning UK profit taxation of controlled foreign companies

The EU Court of Justice annuls the Commission decision finding certain United Kingdom rules on the taxation of controlled foreign companies (CFCs) to be State Aid incompatible with the internal market and sets aside the judgment of the General Court confirming that decision. The Commission and the General Court erred in law in finding that the rules applicable to CFCs constituted the appropriate reference framework for examining whether a selected

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EU Court annuls 2016 ECB refusal of qualifying holding in Banca Mediolanum by Silvio Berlusconi

The EU Court annuls the 2016 ECB decision refusing the acquisition of a qualifying holding in Banca Mediolanum by Silvio Berlusconi. The ECB could not lawfully oppose Berlusconi’s ownership of a qualifying holding in the bank, as that situation resulted only from the interested party having continued to own a qualifying holding which he had acquired prior to the transposition of the provisions of EU law on which the ECB

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EU Commission updates status of Inflection/Microsoft case

The European Commission takes note of the withdrawal of the initial referral requests by seven Member States to review under Article 22 of the EU Merger Regulation (‘EUMR’) the acquisition of certain assets of Inflection AI, Inc. (‘Inflection’) by Microsoft Corporation (‘Microsoft).

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EU Commission clears acquisition of Sotheby’s by ADQCVF and Next

The transaction mainly concerns auctions and private sales of works of art and luxury goods. The EU Commission concluded that the proposed concentration would not raise competition concerns, given that the companies are not present in the same or vertically related markets. The notified transaction was examined under the super-simplified merger control procedure.

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eye, google, detail

Google AdSense: The EU General Court annuls EU Commission’s decision and fine

The EU General Court annuls the Commission’s decision. It upholds the majority of the Commission’s findings but annuls the decision imposing a fine of almost €1.5 billion on Google, on the ground inter alia that it failed to take into consideration all the relevant circumstances in its assessment of the duration of the contract clauses that the Commission had deemed abusive.

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