The Russian M&A market since the outbreak of the global pandemic | VK Partners

Economic environment overview The Russian economy was greatly affected by the global epidemic and the decline in business activity. Economic performance was influenced by the OPEC+ oil pact, the drop in oil prices and the volatility in the dollar exchange rate. However, those difficulties were overcome relatively well, since the government implemented support measures to …

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Healthy competition

When discussing the current direction of antitrust regulation, Carles Esteva Mosso, a partner in the competition practice at Latham & Watkins’ Brussels office puts it succinctly: ‘In Europe, we are seeing an evolution towards more intense merger enforcement.’ At a national level, many jurisdictions appear to be keen to occupy a role at the forefront …

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Spotlight on Germany – the new Digitalization Act | Latham & Watkins

With its enactment of the new German Digitalization Act (GWB10) on 19 January 2021, Germany became one of the first countries to upgrade its statutory toolbox to tackle the (perceived) market power of digital giants. The most prominent tools aim to address behavioural and structural market deficiencies (paras 19(1a), 20(3a)) and ease data access (paras …

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New UK government powers to block deals on national security grounds | Brodies

The National Security and Investment Act 2021 completely overhauls the UK’s approach to government screening of investments. It will create a free-standing regime with unprecedented new government powers to investigate and block acquisitions (of entities or assets) on security grounds. Expected to be in force by the end of the year, the Act could be …

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The Turkish Competition Board and the ice cream war | ELIG Gürkaynak Attorneys-at-Law

The Turkish Competition Board (the Board) decided that several practices of Unilever Sanayi ve Ticaret Türk AŞ (Unilever) amounted to infringement of Article 4 and Article 6 of the Law No 4054 on the Protection of Competition (Law No 4054). 1

The overnight experts

After a few video calls, it takes only a cursory kick of the tyres to discern that employment lawyers have had a crazy year. ‘Crazy’ almost does not cover it – you would be hard pressed to identify an area of law that experienced more change in the last year, in both the rate of …

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The workforce of the future: key HR legal considerations | PwC

Over the last couple of years, organisations have been working through a significant transformation journey in the way they work and operate. Automation and technology are replacing or significantly impacting human tasks and jobs, changing the skills that organisations require in their workforce. At the same time, workforces are demanding a new ‘deal’, with organisations …

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Termination for ‘change of situation’ or layoff – which to use for cutting employment? | AnJie Law Firm

The Covid-19 pandemic has presented an unprecedented challenge to the global economy. A lot of businesses ran into severe difficulty and even went on the verge of bankruptcy. Many employers cut employment directly by terminating employment contracts with employees instead of reducing salaries or arranging for employees to await job assignments to reduce labour costs. …

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Post Covid-19 Hong Kong: a new kind of ‘business as usual’? | Deacons

Despite Covid-19 remaining a global concern at the time of this article, much of Hong Kong has in fact returned to its pre-pandemic hustle and bustle for quite a while. However, the pandemic has left an imprint on the city – apart from making face masks a must-have when going out, as there seems to …

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A Philippine employer’s guide to legal compliance in the procurement and administration of Covid-19 vaccines | ACCRALAW

More than a year has already passed since the Covid-19 pandemic began, yet the Philippines is still struggling to slow down the spread of the virus. New cases per day continue to reach four digit figures despite the mandate for the continued implementation of strict public health standards nationwide. The government’s quarantine measures in the …

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