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This study addresses the fate of environmental liability and environmental crime under mergers and acquisitions. It analyses whether environmental liability is passed on, either to a successor or to a parent company. Also the role of companies in the Environmental Crime Directive is analysed with specific attention to succession of companies. Particular attention is given to the concept of ecocide. The study concludes that in case of a merger or acquisition environmental obligations are passed on ...

This briefing gives an update on and summarises recent events and developments in the Banking Union, based on publicly available information. It gives an overview of: 1) the Eurogroup agreement on the backstop to the Single Resolution Fund; 2) the 7th monitoring report on risk reduction indicators; 3) recent European Central Bank publications, namely the Financial Stability Review and guidance on climate- related and environmental risks; 4) recent Single Resolution Board publications, specifically ...

Annual report on EU competition policy

Rövid áttekintés 04-03-2020

During the March I plenary part-session, the European Parliament is expected to discuss the annual report on EU competition policy (2019), adopted by the Committee on Economic and Monetary Affairs. The report highlights the growing importance of the international dimension of competition policy in a globalised world and the challenges stemming from the digitalisation of the economy. It also points to issues related to the effectiveness of competition policy instruments, as well as how they may support ...

Competition policy has been found to make a positive contribution to the EU's economic growth and the EU has one of the most robust competition policy systems in the world. European competition policy encompasses many fields, not least antitrust measures, merger control and State aid. It is enforced by the European Commission, whose decisions can be contested in the Court of Justice of the European Union. Recent policy developments include the antitrust damages system and the framework empowering ...

This briefing provides an overview of the legal issues arising from the cross-border transfer of companys' seats within the EU as well as of the current legal landscape. It takes stock of the work carried out and the initiatives taken in this field by both the European Parliament and the Commission. It finally supplies a summary of the expertise recently submitted to both the European Parliament and the Commission as well as of the key findings thereof.

This study presents an evaluation of the implementation and effects of the provisions of EU law on cross-border mergers and divisions. In this context, it focuses, in particular, on the EU Directives on the division of public limited liability companies (82/891/EEC) and on cross-border mergers of limited-liability companies (2005/56/EC), analysing their relevance, and in particular, the gaps and challenges in the application of these directives, in view of the potential for a further legislative ...

The Study analyses whether and to what extent there is a need to legislate with respect to cross-border mergers, cross-border divisions and cross-border transfers of seat (cross-border conversions). Affirming a clear need for such legislation, it is recommended to extend the Cross-Border Mergers Directive into a single Cross-Border Mobility Directive encompassing revised rules on cross-border mergers as well as new rules on cross-border divisions and cross-border transfers of seat for all legal ...

Competition in the food retail sector is of high importance for European citizens in their daily life. Competition rules are enforced jointly by the European Commission but in practice also to a great deal by the national competition authorities. This workshop aims to give an overview on the current state of play, specific trends or developments and most imminent challenges. It will look i.a. at the following questions: Is competition working effectively? How does the market structure look like? ...

The Commission has recently published a draft proposal to amend the 1990 Directive on the common system of taxation applicable to mergers, divisions, transfers of assets and exchanges of shares concerning companies of different Member States. This Briefing outlines these various texts and examines the main issues at stake.