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Documents on Antitrust & Trade Regulation, Technology & Science, Banking & Financial Services
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|The FCA Marches Down the Road to Competition Concurrency|
Dentons Canada LLP;
July 29, 2014, previously published on July 15, 2014The Financial Conduct Authority (FCA) is currently preparing for the award of concurrent competition enforcement powers on 1 April 2015. From that date, both the FCA and the new Payment Services Regulator will be able to, amongst other things, investigate and prosecute anti-competition agreements...
|CFPB Debt Collection (Regulation F) Rulemaking FAQs|
Andrew E. Bigart, Kristen R. Brown, Alexandra Megaris, Jonathan L. Pompan; Venable LLP;
July 14, 2014, previously published on July 2014On November 12, 2013, the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) issued an Advance Notice of Proposed Rulemaking (“ANPR”) seeking comment, data, and information from the public about debt collection practices, and in January 2014, the CFPB...
|FDA Releases Long-Awaited Guidances on Character Limitations and Misinformation on Internet/Social Media|
Loeb Loeb LLP;
July 1, 2014, previously published on June 2014In two separate guidances, the Food and Drug Administration (FDA) advises prescription drug and device manufacturers on its "current thinking" on advertising through space-constrained social media (e.g., Twitter) and on the monitoring of third-party online posts. Although the guidances,...
|FDA's Fifth Draft Guidance on Biosimilars Sheds New Light on Approval Pathway|
Colleen Heisey, Mark Mansour, Christopher M. Mikson, Stephanie L. Resnik, Emily K. Strunk; Jones Day;
May 30, 2014, previously published on May 2014On May 13, the U.S. Food & Drug Administration ("FDA") issued a draft guidance, Clinical Pharmacology Data to Support a Demonstration of Biosimilarity to a Reference Product. The draft guidance is intended to assist biological product sponsors with the design and use of clinical...
|Revised European Technology Transfer Block Exemption Regulation Enters Into Force|
Chimé Dorjee, Becket McGrath, Trupti Reddy; Edwards Wildman Palmer LLP;
May 6, 2014, previously published on May 2014The revised European Technology Transfer Block Exemption Regulation (TTBE) and related guidelines (Guidelines) enter into force today, 1 May. As with its predecessor regulations, the new TTBE provides a safe harbour to protect technology transfer agreements (defined as agreements to license...
|Regulators Speak at IAPP Breakfast Meeting in NYC|
Andowah A. Newton; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
May 6, 2014, previously published on May 2, 2014Data Breach Incidents—Especially “Ransom” Incidents, are on the Rise—One panelist observed that the New York State Attorney General’s Office received reports of approximately 900 data breach incidents during the past year alone. There has been a significant increase in...
|Who Enforces Data Security Protections?|
McDonald Hopkins LLC;
April 16, 2014, previously published on April 11, 2014In the rapidly evolving world of cybersecurity, one open issue is: Who is enforcing the laws that protect the public in a data breach? A federal court provided some guidance on this important issue when it allowed the Federal Trade Commission (FTC) to pursue a data security breach complaint against...
|European Union Adopts New Rules for Technology Licensing Agreements|
Bernard E. Amory, Laurent De Muyter, Alexandre G. Verheyden; Jones Day;
April 10, 2014, previously published on April 2014The European Union has a new regime for assessing technology licensing agreements under EU competition law. The new rules include a new technology transfer block exemption regulation ("TTBER"), which exempts certain bilateral licensing agreements from antitrust rules, and revised...
|Canadian Court Certifies Visa/Mastercard Class Action|
Emrys Davis, Michael A. Eizenga, Robert W. Staley; Bennett Jones LLP;
April 7, 2014, previously published on March 28, 2014In reasons publicly released on Thursday March 27, 2014, Chief Justice Bauman certified two classes of Canadian merchants who allege a price-fixing conspiracy related to Visa and MasterCard interchange fees. As the first contested certification decision in a price-fixing case since a series of...
|EU Competition Law: European Commission Adopts New Technology Transfer Block Exemption Regulation and Guidelines|
Sullivan Cromwell LLP;
April 4, 2014, previously published on April 1, 2014The principal rules of EU competition law relating to technology licensing are set out in the European Commission’s Technology Transfer Block Exemption Regulation (“TTBER”) and Guidelines on Technology Transfer Agreements (“Guidelines”) (collectively, the “TTBER...