The Polish Competition and Consumer Protection Office (UOKiK) has devoted the last two years to the very important issue of influencers and their online advertising activities. Recent years have seen a significant development of influencer marketing not only in Poland but on a global scale. Across the world, companies and advertising agencies have noticed the growing popularity of celebrity accounts on Facebook or Instagram, and have strategically used them as a new channel to promote products or services.
Gotta catch 'em all: Extending the Scope of the Romanian FDI Screening Regime to EU Investors and Below-Control Acquisitions
A little over one year since Romania’s new foreign direct investment (“FDI”) screening regime became fully operational, the Romanian government passed an emergency ordinance meant to further clarify particular aspects under the law (such as the scope of the screening regime, which is further extended) or to translate into law the lessons learnt or the authorities’ reading of the rules since applying the new FDI law.
The EU Takes a Tough Stance on Foreign Subsidies
Under the EU's Foreign Subsidies Regulation (FSR), companies must notify the European Commission in advance of certain acquisitions, mergers or large public procurement transactions if the groups of companies involved have received financial contributions from outside the EU. Compiling the notification and gathering the necessary information can be a heavy administrative burden for companies, and failure to do so can result in fines of up to 10% of the group's worldwide turnover.
NKO Successful (Again) for Konica Minolta in Dispute with Serbian Competition Authority
NKO has successfully represented Konica Minolta before the Administrative Court of Serbia in a dispute with the Serbian Competition Authority over a fine imposed for allegedly entering into restrictive agreements.
Sayenko Kharenko Successful for Stalkanat on Zero Dumping Margin Rate in US Antidumping Review
Sayenko Kharenko, working with Appleton Luff, has successfully represented PJSC Stalkanat in the antidumping administrative review regarding prestressed concrete steel strand, conducted by the US Department of Commerce, resulting in a 0% (no-dumping) rate being granted.
Schoenherr Advises ProPellets Austria on Austrian Federal Competition Authority Investigation
Schoenherr has advised ProPellets Austria on a dawn raid by the Austrian Federal Competition Authority and its subsequent investigation into the Austrian pellets market.
Significant Changes Expected to Hungary's Online Accommodation Booking Market
The Hungarian Competition Authority (HCA) recently published a draft report on its findings based on an accelerated sector inquiry into Hungary's online accommodation booking market. The sector inquiry was launched on 24 August 2023 after the HCA received numerous complaints during the peak summer holiday season about the practices of Booking.com, a key market player, for withholding payments to accommodation providers.