All Legal & Institutional articles – Page 7
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WebinarFree Webinar: How to get your supply chain data compliance-ready
We invite you to join the next edition of our EDM Expert Talks sponsored by TrustTrace on Jan. 24, 2023, at 11:00 am (CET). We provide you with a practical roadmap to getting your data ready for compliance.
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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
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News briefs
U.K. drops VAT-free shopping scheme
The British Finance Minister, Jeremy Hunt, announced that the government no longer plans to introduce a scheme eliminating value-added tax (VAT) for overseas tourists. Hunt was appointed Finance Minister, or Chancellor of the Exchequer, on Oct. 14, replacing Kwasi Kwarteng. Kwarteng had to step down after only 38 days in ...
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ArticleSan Marina placed into receivership
The French footwear retailer San Marina was placed under controlled administration, or receivership, on Sept. 22 at its request by a Marseille-based commercial court. San Marina employs 673 people in 163 stores in France. The so-called observation period of the receivership is set to last until March 23, 2023, ...
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News briefs
U.K. to introduce VAT-free shopping for foreigners
During the presentation of new budgetary measures, Kwasi Kwarteng, the U.K.’s newly appointed finance minister, officially referred to as the chancellor of the exchequer, said that the government has decided to introduce VAT-free shopping for overseas visitors. “We will replace the old paper-based system with a modern, digital one. And ...
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ArticleGörtz and Surf4Shoes file for bankruptcy amid uncertainty, soaring inflation
Görtz and Surf4Shoes are among the latest companies caught in a wave of bankruptcies that appears to be gathering pace in Germany. Heightened consumer uncertainty, sky-rocketing inflation and rising energy prices are seen as the main destabilizing factors, as the war in Ukraine rages and the European Union’s sanctions against ...
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News briefs
World faces a winter of discontent - UN
The secretary general of the United Nations, António Guterres, warned that the world will face a difficult winter due to the effects of the multiple ongoing crises including the war in Ukraine, increasing poverty and inequality, and the impact of global warming. “These crises threaten the very future of humanity ...
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News briefs
EU court hold ups decision to fine Google
The European Union’s General Court has upheld a decision made by the European Commission to fine the U.S. research engine Google and its parent company Alphabet for abuse of dominant position but cut the compensation to €4.125 billion from €4.340 billion. Alphabet is jointly and severally liable in the amount ...
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News briefs
EU plans to ban products made with forced labour
The European Commission has proposed to prohibit products made with forced labour on the European Union market. The proposal covers all products, including those made in the EU for domestic consumption and exports, and imported goods, without targeting specific companies or industries. “This comprehensive approach is important because an estimated ...
