News
Digital Services Act and New Competition Tool Consultations of the European Commission
Over the last years, technological evolution and online platforms have brought radical changes to the European Union single market. In response to that, and in order to establish a modern legal framework which responds to the challenges of the digital era, the European Commission is consulting on new pieces of legislation in the framework of the Digital Services Act Package.
A European Approach to Artificial Intelligence (AI)
On 19 February 2020, the European Commission published a White Paper on Artificial Intelligence proposing a common European Approach to AI that included policy means to boost investments in research and innovation, enhance the development of skills and support the uptake of AI by SMEs, as well as proposals for key elements of a future regulatory framework.
Bosnia and Herzegovina Removed from the AML List
Bosnia and Herzegovina is no longer on the European Commission's list of weak anti-money laundering and terrorist financing regimes. According to EU Commission's report from 13 February 2019, Bosnia and Herzegovina is one of countries that has recently taken a number of measures in order to reinforce the AML/CFT regime, so it does not have strategic deficiencies with regards to this regime.
COVID-19
Foreign Investments from Third Countries. A Change in the European Optics?
In an attempt to strengthen the protection of European strategic assets, the European Commission has issued Guidelines regarding the use of the FDI Regulation.
Enforcement of Competition Law during COVID-19 Crisis
Since the outbreak of COVID-19 in Europe, several national competition authorities have already opened investigations into potential infringements of competition laws
Covid-19 and EU State Aid Developments: The European Commission Shows Quick Reflexes in its Effort to Alleviate the Economic Impact of the Pandemic th...
When the effects of the pandemic first became apparent, it also became clear that the European Commission would need to put forward all available tools to support the EU’s economy. In this context, the President of the European Commission, Ursula von der Leyen, stated on 10 March 2020, amongst others, that the Commission would “make sure that state aid can flow to companies that need it”.