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FCA consults on CRD IV: Are you an IFPRU or BIPRU firm?

Proposed changes to the FCA Handbook as published by the FCA in its consultation paper published on 31 July 2013.
European Commission supports French Competition Authority’s appeal over endives cartel

The European Commission is supporting the FCA’s appeal to the French Supreme Court to overturn the Court of Appeal’s ruling quashing its endive cartel decision.

AGCM imposes high fines in the aviation and telecoms sectors for unfair commercial practices

The Italian Competition Authority has fined each of Ryanair and Air France as well as mobile telecommunications operators Telecom, H3G, Wind and Vodafone.

Court of Appeal dismisses Topshop’s appeal in Rihanna passing off case

The Court of Appeal has upheld a finding of passing off against Topshop for its use of an image of Rihanna on a T-shirt.

FCA calls for better information and easier switching for consumers with cash savings

The UK’s Financial Conduct Authority has published its market study report into UK consumer savings accounts and is calling for improvements.

Luxembourg abolishes bearer shares

Luxembourg has developed its legal, tax and regulatory environment to become an important destination for private equity and venture capital funds. The recent change to the law regarding bearer shares is further evidence of this endeavour.

Commission consults on proposed guidelines for joint selling in the agricultural sector

The European Commission has issued draft guidelines on how certain food producers and farmers can cooperate without breaching EU competition law

FCO pushes back on Asics’ revised online sales policy

The German FCO has indicated that Asics’ new distribution policy still raises antitrust concerns on the basis that it continues to restrict online trade.

AGCM continues to increase its consumer protection efforts

The Italian Competition Authority is taking several measures to improve consumer protection in line with EU and national case law and policy developments.

Spanish Competition Authority commences infringement proceedings against Istobal and 2 of its subsidiaries

The Spanish Competition Authority has initiated infringement proceedings against Istobal S.A. and 2 of its subsidiary companies for alleged price fixing.

FCA fines home care and personal care manufacturers €345.2 million and €605.9 million respectively for concerted practices

The French Competition Authority has fined 13 home care and personal care manufacturers nearly €1 billion for anticompetitive collusion in two markets.

Featured Author

Shaistah Akhtar

Shaistah Akhtar is a regular contributor to our Business Litigation Alert, primarily focusing on fraud, bribery and sanctions issues in Europe and around the world.