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Brussels Regulatory Brief: January 2021 | K&L Gates LLP


ANTITRUST AND COMPETITION
The European Commission Consults on New EU Competition Rules for Distribution Agreements
The Vertical Block Exemption Regulation (VBER) and its accompanying Vertical Guidelines (VGL) are designed to provide predictability to companies entering into supply and distribution agreements in Europe. Under the VBER, EU competition rules do not apply to vertical agreements entered into by companies with market shares not exceeding 30%. If the agreement contains so-called hardcore restrictions, i.e., a presumption of severe restriction of competition due to, for instance, illegal resale pricing restrictions or territory or customer allocation, then the VBER no longer applies but companies can still demonstrate that in their particular case the pro-competitive effects outweigh the negative effects. ....

France General , European Banking Authority , Kl Gates , European Parliament , European Commission , International Organization Of Securities Commissions , Eu Council , Task Force On Financial Disclosures , Occupational Pensions Authority , International Labour Organisation , European Union New Cybersecurity Strategy , Sustainable Development , Eu Cyber Diplomacy Network , European Union , International Accounting Standards Board , European Commission Consults , Vertical Block Exemption Regulation , Vertical Guidelines , Cybersecurity Strategy , Critical Entities Resilience Directive , Security Operations Centres , Joint Cyber Unit , Member State , Diplomacy Toolbox , Cyber Capacity Building Agenda , Diplomacy Network ,

Brussels January 2021 Regulatory Brief


Wednesday, February 3, 2021
The European Commission Consults on New EU Competition Rules for Distribution Agreements
The Vertical Block Exemption Regulation (VBER) and its accompanying Vertical Guidelines (VGL) are designed to provide predictability to companies entering into supply and distribution agreements in Europe. Under the VBER, EU competition rules do not apply to vertical agreements entered into by companies with market shares not exceeding 30%. If the agreement contains so-called hardcore restrictions, i.e., a presumption of severe restriction of competition due to, for instance, illegal resale pricing restrictions or territory or customer allocation, then the VBER no longer applies but companies can still demonstrate that in their particular case the pro-competitive effects outweigh the negative effects. ....

France General , European Banking Authority , European Parliament , European Commission , International Organization Of Securities Commissions , Financial Affairs , Eu Council , Task Force On Financial Disclosures , Occupational Pensions Authority , International Labour Organisation , Sustainable Development , European Union New Cybersecurity Strategy , European Union , Eu Cyber Diplomacy Network , International Accounting Standards Board , European Commission Consults , Vertical Block Exemption Regulation , Vertical Guidelines , Cybersecurity Strategy , Critical Entities Resilience Directive , Security Operations Centres , Joint Cyber Unit , Member State , Diplomacy Toolbox , Cyber Capacity Building Agenda , Diplomacy Network ,

New EU Cybersecurity Strategy: European Commission accelerates push for EU to lead in cybersecurity regulation (UPDATED) | Allen & Overy LLP


To embed, copy and paste the code into your website or blog:
On 16 December 2020, the European Commission launched the EU’s new Cybersecurity Strategy for the Digital Decade, seeking to bolster Europe’s cyber resilience and step up the EU’s leadership in cybersecurity regulation.
The announcement could not have come at a better time, just days after a cyberattack against the European Medicines Agency exposed sensitive information on two Covid-19 vaccines and at a moment when the SolarWinds breach unravels into possibly the most consequential cyber incident ever, affecting businesses across all sectors, public administrations and governments worldwide. “The time of innocence is over. We know that we are a target,” Commission Vice-President Margaritis Schinas told reporters when presenting the proposals last week. ....

Margaritis Schinas , Allen Overy , European Parliament , European Commission , European Medicines Agency , Commission Vice , Bangladesh Bank , Cybersecurity Strategy , Digital Decade , Vice President Margaritis Schinas , Joint Cyber Unit , Explanatory Memorandum , Critical Entities , Critical Entities Resilience , Critical Infrastructure Directive , Critical Entities Resilience Directive , Sanctions Regime , ஆலன் ஓவரீ , ஐரோப்பிய பாராளுமன்றம் , ஐரோப்பிய தரகு , தரகு துணை , பங்களாதேஷ் வங்கி , இணைய பாதுகாப்பு மூலோபாயம் , டிஜிட்டல் தசாப்தம் , கூட்டு சைபர் அலகு , முக்கியமான நிறுவனங்கள் ,

New EU Cybersecurity Strategy: European Commission Accelerates Push for EU to Lead in Cybersecurity Regulation | Allen & Overy LLP


To embed, copy and paste the code into your website or blog:
On 16 December 2020, the European Commission launched the EU’s new Cybersecurity Strategy for the Digital Decade, seeking to bolster Europe’s cyber resilience and step up the EU’s leadership in cybersecurity regulation.
The announcement could not have come at a better time, just days after a cyberattack against the European Medicines Agency exposed sensitive information on two Covid-19 vaccines and at a moment when the SolarWinds breach unravels into possibly the most consequential cyber incident ever, affecting businesses across all sectors, public administrations and governments worldwide.  “
The time of innocence is over.  We know that we are a target,” Commission Vice-President Margaritis Schinas told reporters when presenting the proposals last week. ....

Margaritis Schinas , Allen Overy , European Commission , European Medicines Agency , Commission Vice , Bangladesh Bank , Cybersecurity Strategy , Digital Decade , Vice President Margaritis Schinas , Joint Cyber Unit , Explanatory Memorandum , Critical Entities , Critical Entities Resilience , Critical Infrastructure Directive , Critical Entities Resilience Directive , Sanctions Regime , ஆலன் ஓவரீ , ஐரோப்பிய தரகு , தரகு துணை , பங்களாதேஷ் வங்கி , இணைய பாதுகாப்பு மூலோபாயம் , டிஜிட்டல் தசாப்தம் , கூட்டு சைபர் அலகு , முக்கியமான நிறுவனங்கள் , முக்கியமான நிறுவனங்கள் விரிதிறன் , முக்கியமான உள்கட்டமைப்பு உத்தரவு ,