In The News
European Commission seeks feedback on commitments offered by Disney in pay-TV investigation
The European Commission is inviting comments on commitments offered by Disney in the pay-TV investigation. The commitments are intended to address the Commission’s concerns relating to certain contractual clauses, which the Commission considers may prevent the cross-border provision of pay-TV. Click here.
European Commission clears the creation of six mobility services joint ventures between Daimler and BMW subject to conditions
The European Commission has cleared the creation of six mobility services joint ventures between Daimler and BMW subject to conditions. The Commission found that the proposed transaction would raise competition concerns for car sharing in six cities in Germany and Austria. The conditions require the parties to provide access to other car sharing platforms and providers. Click here.
Articles 101 and 102
The European Commission has closed infringement proceedings against Cyprus concerning a minimum fee scale for out-of-court legal work, such as the drawing up of wills, contracts, the administration of estates and the registration of companies. This follows the introduction of new legislation in Cyprus, which removes the specific provision empowering the Cyprus Bar Association to set these fees. In parallel, the Commission has also closed an antitrust investigation into the minimum fee scale adopted by the Cyprus Bar Association, based on the empowerment contained in the national legislation. Click here.
For more information please contact Paul Stone on +44 (0)20 7203 5110, or at email@example.com.
News & Insights
Coronavirus Job Retention Scheme
The government announced their Coronavirus Job Retention Scheme to help pay the wages of employees not working.
Charles Russell Speechlys advises AIQ Ltd on Main Market readmission and reverse takeover of AI codes
Charles Russell Speechlys has assisted AIQ Ltd on the completion of the acquisition of AI Codes and on Main Market readmission.
Grounded? ‘Exceptional circumstances’ and the UK tax residence test
HMRC have updated their guidance on the UK’s Statutory Residence Test in light of the temporary grounding of individuals due to Covid-19.