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In a speech delivered at the College of Europe in Bruges on 14 January 2013, Joaquín Almunia, Vice-President of the European Commission, and Commissioner responsible for Competition, stated that the Commission hopes to settle around half of its outstanding cartel investigations in 2013, using the settlement procedure instituted in July 2008.
On 24 January 2013, the Internal Market and Consumer Protection committee of the European Parliament endorsed a new Regulation setting out customs procedures for goods suspected of infringing intellectual property rights.
Privacy and data protection continue to be an exploding area of focus for regulators in the United States and beyond.
From 1 April 2013, UK companies will be able to elect into a new regime that applies a lower rate of corporation tax to profits from qualifying intellectual property rights.
On 29 November 2012, the EU General Court issued a provisional order suspending the European Commission’s decision to communicate to the High Court of England and Wales a copy of Alstom’s reply to the statement of objections in the gas insulated switchgear cartel.
The shale gas sector in the UK is still in its infancy, but the UK government has announced recently new measures and incentives to encourage its growth.
The compensation limits on Tribunal awards will increase as of 1 February 2013.
In this issue (inter alia): European Commission to review misleading and comparative advertising directive; Information Commissioner’s office publishes report on enforcement of new cookie rules; Scrabble tile trade mark declared invalid.
The European Commission has published an Action Plan on European company law and corporate governance for 2013.
Recently China’s National Development and Reform Commission imposed an RMB353 million (USD 56.7 million) penalty against an international price-fixing cartel of LCD manufacturers, the largest the NDRC has ever imposed for antitrust infringement.