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Date 27/05/2021 Chairman Quigley, Ranking Member Womack, thank you for inviting me to join you today. I look forward to your questions, but first, I want to briefly discuss the state of our economy and the state of the Treasury Department. Because I believe one depends on the other. Our economy is recovering from the pandemic, but we still have a long road ahead of us. For this reason, I expect that economists will look back on this Congress’ decision to enact the American Rescue Plan – and judge it very favorably. You had an option – to provide just a few months of relief or conti...

Public concern for biodiversity loss is mounting, growing 16% globally since 2016, according to a new report commissioned by the WWF. This has translated into an ‘eco-awakening’ of citizens which has prompted a surge in demand for sustainable goods.

To embed, copy and paste the code into your website or blog: Since the UK’s Competition and Markets Authority (CMA) published its Digital Markets Strategy in 2019 (see our alert on its 2019 priorities) it has completed many of the priority tasks it had assigned itself – including conducting a market study on online platforms and digital advertising and leading a digital markets taskforce which recommended a new regulatory regime for digital firms with market power. In addition, much has changed on the political and regulatory front in digital markets, both domestically and internationally...

on January 28, 2021 Today, the European Commission and national consumer authorities released the results of a screening of websites (“sweep”), an exercise carried out each year to identify breaches of EU consumer law in online markets. This year, for the first time ever, the sweep focused on ‘greenwashing’, the practice by which companies claim they are doing more for the environment than they actually are. The “sweep” analysed green online claims from various business sectors such as garments, cosmetics and household equipment. National consumer protection authorities had reason...

Met dank overgenomen van Europese Commissie (EC), gepubliceerd op donderdag 28 januari 2021. Vandaag hebben de Europese Commissie en de nationale consumentenautoriteiten de resultaten bekendgemaakt van een screening van websites. Bij deze jaarlijkse bezemactie worden overtredingen van het EU-consumentenrecht op onlinemarkten geïdentificeerd. Dit jaar was de bezemactie met name gericht op groenwassen, de praktijk waarbij bedrijven beweren meer voor het milieu te doen dan in werkelijkheid het geval is. Bij de bezemactie zijn groene onlineclaims geanalyseerd voor producten uit verschillende bed...