All Legal & Institutional articles – Page 11
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Indonesia and EU aim to reach a free trade deal in 2023
The European Union and Indonesia aim to conclude a free trade agreement by the end of 2023 despite numerous trade disputes, said Vincent Piket, the EU’s ambassador in Jakarta. Piket told journalists that European Commission’s President Ursula von der Leyen and the Indonesian President Joko Widodo had decided in the ...
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Ecuador, Mexico free trade talks at ‘dead end’
Talks to reach a free trade agreement between Ecuador and Mexico are at a “dead end”, according to the Ecuadoran President Guillermo Lasso. Lasso said that the Mexican president Andres Manuel Lopez Obrador had informed him that Mexican banana and shrimp producers are opposing a free trade deal. Ecuador had ...
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Kazakhstan could face a sharp increase in footwear prices
New labelling rules are expected to lift the retail prices of shoes on the Kazakh market by 30 percent in 2023, a group of importers told the local publication Caravan. Kazakhstan introduced mandatory digital labelling of footwear on Nov. 1, 2021, but let retailers sell unlabeled shoes during a transition ...
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ArticleFrance introduces new anti-greenwashing rules
As part of its legislative arsenal to combat climate change, the French government has now introduced the next stage of its anti-greenwashing legislation, effective January 1, 2023. The new rules are a major step in controlling advertising claims on carbon offsetting and carbon neutrality, following laws that came into effect ...
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Go Sport placed into receivership
A Grenoble-based commercial court has placed under controlled administration, or receivership, the French retailer of sporting goods Groupe Go Sport after having established that it was insolvent. The court said that it “has ascertained the insolvency of the company Groupe Go Sport and launched proceedings for receivership.” It noted that ...
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YNAP fined €5.25m in Italy for alleged misleading pricing, limiting returns
Italy’s antitrust authority has fined Yoox Net-a-Porter (YNAP) €5.25 million for allegedly misleading prices and limiting the right to return merchandise during a period running from 2019 to 2022. In particular, the regulator claims that the company limited consumers’ right to return merchandise by unilaterally blocking completed online orders, without ...
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Cotélac obtains a safeguard procedure
Cotélac, a French ready-to-wear retailer, obtained a safeguard procedure on Jan. 4 from a Bourg-en-Bresse-based commercial court. The troubled company said that the procedure will provide it with protection from creditors in order to restructure its business after suffering a significant decline in trade due to various factors including ...
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Meta not allowed to use personal data for advertising
Facebook owner Meta will no longer be allowed to use the personal data of its users in Europe for advertising personalization without being asked. This was the decision of the responsible Irish data protection authority DPC. At the same time, the authority imposed a fine of €390 million. According to ...
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ArticleEU court rules that Amazon may be liable for sale of counterfeit Louboutin shoes
Amazon has been dealt a blow after the Court of Justice of the European Union (CJEU) ruled that the U.S. online retailer may be liable for alleged intellectual property breaches by advertising counterfeit Louboutin shoes on its store. Two lower courts in Luxembourg and Belgium had referred a case ...
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ArticleAmazon, EU reach deal to end antitrust investigation
The European Commission said it has made commitments offered by Amazon legally binding under European Union antitrust rules, allowing to resolve competition concerns over the U.S. online retailer’s use of non-public marketplace seller data and possible bias in granting sellers access to its Buy Box and Prime program. In July ...
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3M to stop producing PFAS by 2025
3M will end the manufacturing of perfluoroalkyl and polyfluoroalkyl substances (PFAS) and work to discontinue the use of PFAS across its product portfolio by the end of 2025. “This is a moment that demands the kind of innovation 3M is known for,” said Mike Roman, 3M’s chairman and chief ...
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China starts authorizing Covid infected people to work
Local Chinese authorities are allowing people to return to work even if they have Covid-19 symptoms. Previously, a single case of Covid-19 could lead to the lockdown of several thousand people in the country. In December, the government changed its zero-Covid policy and eased its harsh restriction measures. The measures ...
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Leather industry signs an updated version of its sustainability manifesto
Concurrently with the United Nations Climate Change Conference (COP27), held in Egypt from Nov. 6 to 18, twenty-six bodies of the leather industry signed an updated version of a manifesto on sustainability, the so-called Leather Manifesto, that was published in October 2021. The signatories urged COP27 participants to encourage the ...
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China relaxes Covid restrictions
The Chinese government is relaxing some of its Covid-19 restrictions after the measures were rubber-stamped by the Politburo Standing Committee. Quarantine for inbound travelers is cut to eight days from 10, resulting in five days in state isolation centers and three days at home, according to the country’s National Health ...
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German energy price cap effective from early 2023
German energy price caps announced by the Chancellor Olaf Scholz to mitigate the impact of inflation will go into effect in early 2023, according to a government timetable. The gas price effect is set to go into effect on Jan. 1 for large companies and on March 1 for households ...
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EU considering further Belarus sanctions
The European Union will examine the possibility of imposing sanctions against Belarus for its role in supporting Russia in its war against Ukraine, according to Czech prime minister Petr Fiala. The Czech Republic holds the rotating presidency of the European Union. “We are currently examining…Belarus’ role and the potential need ...
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Amazon expands legal efforts to stop the source of fake reviews
Amazon has announced that it has filed its first criminal complaint in Italy and its first lawsuit in Spain as part of its legal efforts to shut down fake review brokers. These two unprecedented lawsuits in Europe target bad actors that attempt to orchestrate fake reviews on Amazon and other ...
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Skechers sues Hermès for alleged patent infringement
Skechers USA has sued Hermès International and Hermès of Paris for alleged patent infringement of its proprietary Massage Fit sole technology. The lawsuit was filed on Oct. 18 in the United States District Court for the Southern District of New York in Manhattan. In 2022, Hermès introduced two footwear ...
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Amazon faces class action for allegedly favoring some products
Amazon faces a class action in the U.K. for allegedly favouring some products on its platform. According to estimates, the lawsuit, if successful, could result in damages of £900 million (€1,034m) for the U.S. online retailer. The legal action, which is expected to be filed in the Competition Appeal Tribunal ...
