Customs unions might be described as a form of free trade agreements (FTA) in which parties to such an agreement agree to provide each other with certain trade benefits such as no tariffs on trade in goods within such a union.
EU, Competition & ProcurementOn 27 September 2019, the European Commission (Commission) announced that it had fined two companies a total of €31.6m for breaching EU antitrust rules. A third company involved was not fined as it had disclosed the existence of the breach to the Commission.
EU, Competition & ProcurementOn 10 September 2019, the new European Commission President-Designate, Ursula von der Leyen, was widely expected to nominate the new - and 13th - European Commissioner for Competition Policy.
BrexitAs we communicated in our article last month, the new EU Prospectus Regulation (the Regulation) has applied in full across the EU since 21 July 2019. At a domestic level, the European Union (Prospectus) Regulations 2019 (S.I. No. 380/2019) came into force on 21 July 2019 (the 2019 Regulations).
Corporate & M&AOn 13 May 2019, the European Commission fined Anheuser-Busch InBev NV/SA (AB InBev) €200,409,000 for abusing the company’s dominance in the Belgian beer sector because the company relabelled one of its beer brands and also restricted supply of that brand so as to deter the cross-border sales of the brand within the EU
EU, Competition & ProcurementThere is a great deal of commentary that a No-Deal Brexit (NDB) on 31 October 2019 is inevitable. While one cannot rule out the possibility, it is far from inevitable and definitely not a racing certainty.
BrexitIreland's Minister for Business, Enterprise and Innovation, Heather Humphreys, TD, has requested the Competition and Consumer Protection Commission (CCPC) to study the public liability insurance sector in Ireland.
EU, Competition & ProcurementIf the UK leaves the EU on 31 October 2019 without a deal, the UK will become a ‘third country’ to the EU. Trade with the EU would be based on the rules of WTO and in particular under the GATS.
BrexitCatherine Duffy, Vincent Power and Eileen Roberts, Partners at A&L Goodbody, provide an overview of shipping law, the shipping industry, shipping contracts, regulation and the legislative framework in Ireland.
EU, Competition & ProcurementA review of State Aid law and policy in Ireland 2019
EU, Competition & ProcurementThe 2018 annual report (Report) of Ireland's Competition and Consumer Protection Commission (CCPC) has been laid before the Houses of the Oireachtas (the Irish parliament) and is expected to be published by the CCPC shortly.
Corporate & M&AA new prospectus regime applies across the EU since 21 July 2019. The Prospectus Regulation (the Regulation) was drafted by the European Commission with the intention of making it simpler and more cost-effective for businesses to raise funds publicly and to encourage smaller firms in particular to list on equity and debt markets.
EU, Competition & Procurement