The Irish Government has announced that the Irish parliament (the Oireachtas) will enact legislation to enable the Irish Government to screen 'foreign' direct investment (FDI) in Ireland. In this context, the term 'foreign' refers to investment from non-EU Member States.
EU, Competition & ProcurementOn 5 May 2021, the European Commission (Commission) proposed a Regulation (Regulation) which, if adopted, would address potentially distortive effects of foreign subsidies in the EU.
EU, Competition & ProcurementMany in the UK and elsewhere have been surprised by the possibility that a "no-quota/no-tariff" deal between the UK and Australia could mean huge imports of Australian beef into the UK.
BrexitThe Brexit Trade and Cooperation Agreement (TCA) finally enters into full force on 1 May 2021
BrexitThe Brexit-related Trade and Cooperation Agreement (TCA) between the EU and the UK was announced on Christmas Eve 2020.
BrexitOn 8 April 2021, the European Commission launched a public consultation inviting all interested parties (including businesses) to comment on a proposed revision of the EU's State Aid Framework for Research, Development and Innovation (RD&I).
EU, Competition & ProcurementA proposed Canadian M&A deal – which has just been abandoned because of EU opposition to the deal - gives a glimpse of possible future tensions between the EU and the UK over Brexit.
BrexitThe adoption in December 2020 of the Trade and Cooperation Agreement between the European Union and the United Kingdom was welcomed because it avoided a No Deal Brexit.
BrexitThe Supreme Court this week delivered judgment in two separate security for costs appeals.
DisputesDespite being announced on 24 December 2020 and signed on 30 December 2020, the TCA is still not in full force. For example, it is still only "provisional". The European Parliament and the European Council have yet to sign off on the document. It is expected that they will sign off by the end of April 2020. So, Brexit is not yet done!
BrexitOn 9 March 2021, the Irish Competition and Consumer Protection Commission (CCPC) published its Consumer Protection List for the period 1 January to 31 December 2020.
EU, Competition & ProcurementDr Vincent Power, Head of A&L Goodbody's EU, Competition & Procurement Group, provides an overview of the legal framework, policies and guidance in relation to cartels and leniency law in Ireland.
EU, Competition & Procurement