Regulation Read

On Friday, February 12, 2021, revisions to the European Union (EU) Trade Enforcement Regulation, Regulation (EU) No 654/2014, were published in the EU’s Official Journal. The revised Trade Enforcement Regulation enables the EU to adopt countermeasures when it obtains a favorable ruling from a dispute settlement panel of the World Trade Organization or in bilateral and regional agreements and when the other party fails to cooperate on the adjudication of the dispute.

On February 4, 2021, after weeks of not granting early termination (ET) of the waiting period under the US Hart-Scott-Rodino Act (save for one exception involving a company that markets COVID-19 tests), the Federal Trade Commission (FTC), with the support of the Antitrust Division of the Department of Justice (DOJ), officially announced that it is implementing a “temporary suspension” of the ET process.

On 1 December 2020, the Shanghai Municipal Administration for Market Regulation (Shanghai AMR) published the local “Anti-Monopoly Compliance Guidelines for Undertakings” (Shanghai Guidelines), which will come into effect on 1 March 2021.

On the cusp of the January 20, 2021 US presidential inauguration, the Trump administration has a few remaining days to take action on immigration priorities that have been key to the president’s platform.

On 1 December 2020, the Shanghai Municipal Administration for Market Regulation (Shanghai AMR) published the local “Anti-Monopoly Compliance Guidelines for Undertakings” (Shanghai Guidelines), which will come into effect on 1 March 2021.