Poland: UOKiK to examine TV broadcasters’ practices

On 5 May 2021 the Office of Competition and Consumer Protection (UOKiK) announced the launch of two anti-monopoly proceedings against:
– Polsat Television; and
– four Discovery Group entities (ie, Discovery Communications Europe, Discovery Communications Benelux, Discovery Polska and Eurosport).

Related briefings

The ECJ’s VG Bild-Kunst case: Are there (legal) limitations to the use of links?

YES – In its previous case law, the court has recognised the importance of hyperlinks for the operation of the World Wide Web and for freedom of speech. On these grounds, the European Court of Justice (ECJ) generously allowed the use of links to make third-party content accessible via one’s own website.

NFTs and branding – does trademark protection need to be considered?

Whenever new technology is developed it should be protected as (utility) patent – or kept secret (trade secrets). The new products and/or services resulting from the new invention will usually be commercialised under a specific name – a brand that can be protected as a trademark. Additionally the question arises as to whether there is already a generic name for such product/service or whether the invention created a completely new thing that is not yet reflected in the Nice Classification, the international classification of goods and services used by most IP offices for the registration of trademarks. Therefore, we considered whether the (virtual) goods and services offered in connection with NFTs can already be found in the Nice Classification for trademark applications.

Austria: New guidelines for state aid for climate, environment and energy

As part of the Green Deal of the European Commission, the eagerly awaited draft of the guidelines for state aid for climate, environmental protection and energy 2022 was published for consultation on June 7, 2021 . The 2022 guidelines succeed the guidelines for state aid for environmental protection and energy 2012-2020. The deadline for submitting comments is August 2nd, 2021.

Latest Briefings

The sustainability of green financing

Maples Group acted for Xiaomi Corporation in connection with Xiaomi’s offering of US$800,000,000 2.875% Senior Bonds Due 2031 and US$400,000,000 4.100% Senior Green Bonds Due 2051 issued by Xiaomi Best Time International Limited, incorporated in Hong Kong and unconditionally and irrevocably guaranteed by Xiaomi Corporation, a company controlled through weighted voting rights and incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The green bonds offering marked Xiaomi’s initial foray into the world of green financing and more broadly Environmental, Social and Governance (ESG). The proceeds of the green bonds are earmarked for ‘Eligible Projects’ within Xiaomi’s finance framework aimed at positive environmental and social benefits. Their framework follows the green bonds and loan guidelines of the International Capital Markets Association.

Guernsey consolidates economic substance and extends it to partnerships

Guernsey has brought partnerships into scope of economic substance requirements for accounting periods commencing on or after 1 January 2022, although partnerships formed on or after 1 July 2021 will be in scope immediately on formation where they conduct activities that trigger the economic substance requirements.

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