The European Commission designated 17 Very Large Online Platforms (VLOPs) and 2 Very Large Online Search Engines (VLOSEs) that reach at least 45 million monthly active users.
Upgrades on EU company law with an emphasis on digitalisation expected
The proposal’s main goals include improving transparency, fostering trust, and reducing the administrative burden for companies, particularly SMEs, engaged in cross-border activities within the EU.
European Commission aiming to reform GDPR enforcement rules in cross-border cases
The GDPR has signified the importance and value that online personal data holds and established strict criteria for data collection and processing. Failure to comply can cost companies dearly.
The CSRD brings new ESG reporting obligations to European companies
The CSRD aims to address the criticisms and modernise the environmental and social reporting requirements that companies are obligated to provide.
A new cybersecurity regime brings enhanced agencies, reporting obligations
The EU cybersecurity regime recently underwent a notable reform. In January 2023, Directive 2022/2555, the new NIS 2 Directive – the EU-wide legislation on cybersecurity – entered into force, amending existing legislation and repealing Directive 2016/1148, in place since 2016.
Amazon hoping for an agreement to stop competition law investigations
The e-commerce giant could potentially be imposed some significant fines reaching in the billions of euros, in violation of EU competition law rules, unless they can strike a deal with the Commission.
Lack of transposition of Copyright Directive starts infringement proceedings
The letters of formal notice, the first step in the proceedings, were sent 23 EU Member States have yet to fully transpose the Directives into national legislation, which entered into force in June 2019 and for which the transposition deadline was on 7 June.
Reflecting on EU state aid measures during the COVID-19 pandemic
The Commissioner for Competition has been active in approving state aid measures in order to benefit the affected businesses as quickly as possible.
Commission launches investigation into Fitbit acquisition by Google
The investigation will focus on whether Google’s acquisition will hinder competition in the online advertising services marketplace
Barnier sees major hurdles ahead with Brexit, remains hopeful they can be overcome
Though the chief negotiator sees major hurdles ahead, largely by the unwillingness of his counterparts, he remains hopeful that the differences can be overcome.
