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  1. Legal news
    22 April 2020
    Ban on companies’ payment of dividends or completion of share buy-backs if they receive more than DKK 60 million in compensation
    www.twobirds.com/en/news/articles/2020/denmark/covid-19-forbud-mod-at-udbetale-udbytte

    The Government and all the parties in the Danish Parliament have agreed to adjust and extend the economic aid packages to the Danish economy. The changes entail a limitation on companies’ ability to pay dividends or to ...

  2. Legal news
    15 April 2020
    Italian law decree No. 23/2020 ("Decreto Liquidità"), New provisions involving certain aspects of business law
    www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---diritto-societario

    On 9 April 2020, following regular publication on the Italian Official Gazette, Italian law decree No. 23/2020 (the "Decree") came into force with immediate effect. The Decree's provisions aim at facing, by means of ...

  3. Legal news
    14 July 2020
    The EU Court of Justice provides guidance for the antitrust assessment of "pay-for-delay" agreements in the pharmaceutical sector.
    www.twobirds.com/en/news/articles/2020/global/the-eu-court-of-justice-provides-guidance-for-the-antitrust

    The Court of Justice provided guidance for the antitrust assessment of agreements between competitors in the pharmaceutical sector. The Court's judgment is relevant because it addresses fundamental issues that have been ...

  4. Legal news
    18 August 2020
    UK – Merger thresholds for mergers in critical sectors revised
    www.twobirds.com/en/news/articles/2020/uk/merger-thresholds-for-mergers-in-critical-sectors-revised

    The UK government has given the Competition and Markets Authority (CMA) further powers to review mergers in strategically important sectors. These steps include making changes to the Enterprise Act 2002 to provide the ...

  5. Legal news
    15 June 2020
    Commission seeks views on 'gatekeeper' platforms and a new competition tool
    www.twobirds.com/en/news/articles/2020/global/commission-seeks-views-on-gatekeeper-platforms-and-a-new-competition-tool

    On 2 June, the Commission launched a public consultation on its forthcoming Digital Services Act plus a New Competition Tool and is requesting feedback on roadmaps including one on ex ante regulatory instruments for ...

  6. Legal news
    16 April 2020
    COVID-19 emergency measures: the expansion of 'golden power' review on foreign direct investments
    www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---golden-power

    Law Decree No. 23 of 8 April 2020 - published in the Official Gazette on 8 April 2020 and entered into force on 9 April 2020 (the "Decreto Liquidità") - introduced, among other measures, a series of provisions that ...

  7. Legal news
    23 March 2020
    Managing merger control filings during COVID-19
    www.twobirds.com/en/news/articles/2020/global/managing-merger-control-filings-during-covid-19

    A brief overview of the challenges created by the COVID-19 crisis, the coping strategies of competition authorities, and suggestions on what can be done if you are working on a project requiring merger control approval.

  8. Legal news
    17 November 2020
    European industrial policy vs. European competition law: state of play 18 months after the Siemens-Alstom decision
    www.twobirds.com/en/news/articles/2020/global/european-industrial-policy-vs-european-competition-law-state

    The European Commission's decision to block the Siemens-Alstom mega-merger in February 2019 provoked the anger of the French and German governments that had backed the deal. Eighteen months after this decision and an ...

  9. Legal news
    25 March 2020
    COVID-19 Update Germany: German government enacts a set of measures aiming to protect businesses from the effects of the current Corona crisis; amendments to German insolvency law in preparation
    www.twobirds.com/en/news/articles/2020/germany/covid-19-update-germany--german-government-enacts

    In order to protect German companies and their employees against the economic impact of the coronavirus, the German government has resolved on 23 March 2020 on a comprehensive set of measures. It is the largest ...