Antitrust: European Commission fines car safety equipment suppliers € 368 million in cartel settlement

The European Commission has fined Autoliv and TRW a total of € 368 277 000 for breaching EU antitrust rules. Takata was not fined as it revealed the cartels to the Commission. The companies took part in two cartels for the supply of car seatbelts, airbags and steering wheels to European car producers. All three … Continue reading Antitrust: European Commission fines car safety equipment suppliers € 368 million in cartel settlement

No deal a good deal for criminals Law Society warns

If the UK leaves the EU without a deal in four weeks’ time cross-border criminals will have much to celebrate, the Law Society of England and Wales said today. “When it comes to criminal justice and terrorism we currently operate in a climate of co-operation with the 27 other countries that make up the EU … Continue reading No deal a good deal for criminals Law Society warns

New EU rules cut red tape for citizens living or working in another Member State as of today

As of today, new EU rules to cut costs and formalities for citizens living outside their home country will start to apply across the European Union. Currently, citizens moving to or living in another EU country must obtain a stamp to prove that their public documents (such as a birth, marriage or death certificate) are … Continue reading New EU rules cut red tape for citizens living or working in another Member State as of today

A national law cannot invalidate, by a retroactive, general and automatic rule, credit agreements concluded with foreign lenders

In 2007, Ms Anica Milivojević, a Croatian national, concluded with Raiffeisenbank, which has its registered office in Austria, a non-renewable credit agreement in the sum of €47 000 in order to have renovation work carried out in her home, more particularly to create apartments in it for letting. The loan was taken out using an … Continue reading A national law cannot invalidate, by a retroactive, general and automatic rule, credit agreements concluded with foreign lenders

No-deal Brexit could leave UK’s creative talents unprotected

A no-deal Brexit could undermine protections enjoyed by British inventors, fashion designers and broadcasters, the Law Society of England and Wales warned today. Releasing its latest tranche of advice on the impact of exiting the EU without an agreement, Law Society of England and Wales president Christina Blacklaws said: “Those in the process of applying … Continue reading No-deal Brexit could leave UK’s creative talents unprotected

EU company law adapted to the digital era

The EU has decided to revise its company law rules so that they remain fit for purpose in the digital age. The aim is to achieve greater efficiency, transparency and legal certainty through the use of digital tools. The Romanian presidency of the Council reached a provisional agreement with European Parliament's representatives on a draft directive that … Continue reading EU company law adapted to the digital era

Council and Parliament agree on new rules for contracts for the sales of goods and digital content

The EU is introducing new rules to make it easier and safer to buy and sell both goods and digital content cross-border. The Council and Parliament negotiators agreed today on a package comprising a directive on contracts for the supply of digital content and services (Digital content directive - DCD), and a directive on contracts … Continue reading Council and Parliament agree on new rules for contracts for the sales of goods and digital content