CEE: Competition Monthly Bulletin – June 2020

Stay informed about the latest developments in competition law in Central and Eastern Europe with this multi-jurisdictional newsletter. Each issue offers insight into developments in merger control, anti-trust, and unfair competition in the region.

Related briefings

Here comes the sun (nenergy)

In Schönherr’s Renewable Expansion Law Infocorner , the essential cornerstones of the EAG package are presented and practical legal issues are dealt with. Also, stay informed about current events and webinars.

Romania plans to tighten its foreign investment screening rules

The screening of foreign direct investments (FDIs) has been a hot topic for some time now across CEE (as also covered here). Several jurisdictions have adopted stricter measures of scrutiny allowing for the vetting of transactions potentially posing security risks. In line with this trend, the Romanian Competition Council has put forward new draft legislation aimed at tightening the existing FDI screening rules. This draft is subject to public debate until 6 October.

Renewable Expansion Act (EAG)

Review draft published – a first overview! On September 16, 2020, the eagerly awaited draft of the Federal Law on the Expansion of Energy from Renewable Sources (Renewable Expansion Law – EAG ) was submitted for assessment. As a contribution to the realization of the goals of the Paris Climate Protection Agreement 2015, the draft creates new framework conditions for the expansion of renewable energies in Austria. The present article gives an initial overview. Details will follow in focus articles and in our virtual series of events

Mandatory e-communication for companies seated in Croatia

The digitalisation of the Croatian court system is proceeding and e-communication is expanding. Snail mail and “paper” communication are on the verge of extinction. As of 1 September 2020, all legal entities will have to use e-communication with the court. All legal entities registered in the Croatian Commercial Register must submit information on their e-mail […]

Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Lawyers in trophy buildings are in for a shock

No-one with a fear of lifts wants to hear the phrase: “Welcome to the office, please proceed to floor 31”. But this has been common parlance in the legal industry and wider corporate sphere for some time now. Tower 42 – once the City of London’s tallest building – has been functioning since 1980, while […]

Shane Gleghorn, Taylor Wessing

Taylor Wessing opts to split bonuses after reviewing Covid-19 measures

Taylor Wessing is joining the rank of firms that have decided to split their bonuses this year instead of awarding a lump-sum payment. The firm has notified associates that bonuses will be divided into two different installments, with one half provided in July and the remaining fifty per cent given out in November. The firm […]

Partha Mudgil, Linklaters

Linklaters former tech head resurfaces in new role

The former chief operating officer of Linklaters’ in-house technology business has joined a startup in a new leadership role. Partha Mudgil, who last February left Linklaters’ Nakhoda startup after more than two years as its chief operating officer and co-founder, has joined no-code software development platform Bryter as the head of its newly-created financial services […]

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