Search results for "European Union"

April 16, 2024
Saxo Bank Weighs Sale After SPAC Collapses

Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently invited investment bankers to audition...


April 16, 2024
Review Logic and Rules for Concentrations of Undertakings that Do...

The revised Antimonopoly Law, as amended in June 2022, added a new system of reviewing concentrations that do not meet the standard of notification, which is a necessary supplementary rule...


April 16, 2024
The Interplay Between Antitrust and Private Intellectual Property Litigation in...

The interplay between antitrust and IP private litigations in China, as exemplified by recent legislations and cases, underscores the evolving landscape of IP rights enforcement within antitrust frameworks. Specifically, the...


April 16, 2024
China’s Regulation on Resale Price Maintenance: The Necessity and Path...

The regulation of resale price maintenance (RPM) stands as a notably contentious issue within antitrust law. The 2022 revision of China’s Anti-monopoly Law introduced the concepts of “Safe Harbor” and...


April 15, 2024
Stanford Report: Human Oversight Boosts AI Gains

What a difference 10 years makes. Just a decade ago, artificial intelligence couldn’t understand language or images; now it can. AI is also revolutionizing workforce productivity by enhancing efficiency and...


April 15, 2024
Deal Between Coach, Michael Kors Owners Clears Regulatory Hurdles in...

Tapestry, the parent company of Coach, has received regulatory clearance from the European Union and Japan for its $8.5 billion acquisition of Capri Holdings, the owner of Michael Kors. T...


April 15, 2024
UK Drafting AI Regulations, But Not Rushing to Introduce Them

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but the government is unlikely to...


April 15, 2024
Solving the Buy-Build-Partner Equation For Cross-Border Payments

It’s a big world, but ongoing cross-border payments advances are helping make it smaller.  That’s because, with the recent news that HighRadius has launched a B2B payments platform designed to improve payment processes across...


April 14, 2024
EU Approves Illumina’s Divestment Plan for Grail After Two-Year Battle

US-based gene sequencing giant Illumina has received clearance from European Union antitrust regulators to proceed with its long-anticipated divestment of cancer diagnostic test maker Grail. According to a report by...


The Real-Time Payments World Map

Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers  to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.