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Ireland: Commission’s EMIR Recommendations Become Effective - Mason Hayes & Curran

ESMA has now issued a Questions and Answers paper aimed at competent authorities, to ensure the consistent application of EMIR, and to investors in a bid to provide clarity on the requirements under EMIR.        

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Found 1 month ago on channel Mondaq

Google’s Android Target of New Antitrust Complaint

BRUSSELS — A group of companies led by Microsoft have called on European authorities to launch an antitrust investigation into Google‘s dominance of mobile Internet usage on smartphones. The “FairSearch” initiative of 17 companies — which includes Microsoft, Nokia, and Oracle — claims Google is acting unfairly by giving away its Android operating system to mobile device companies on the condition that the U.S. online giant’s own software applications like YouTube and Google Maps are installed and prominently displayed. “Google is using its Android mobile operating system as a Trojan horse to deceive partners, monopolize the mobile marketplace, and control consumer data,” said Thomas Vinje, the group’s Brussels-based lawyer. (MORE: Was Instagram Really Worth $1 Billion?) Android operating systems are installed on about 70 percent of new smartphones, according to analyst estimates, handing Google the largest market share worldwide, followed by Apple‘s iOS platform. Systems ...

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Found 1 month ago on channel TIME Business

Romania: New Financial And Fiscal Legislative Amendments - Schoenherr Attorneys at Law

The fiscal authorities may refuse the application of the provisions of the double tax treaties in the case of artificial transactions.        

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Found 1 month ago on channel Mondaq

Turkey: Parental Liability For Competition Law Infringements Of Subsidiaries Under Turkish Competition Law - ELIG, Attorneys-at-Law

The following discussion compares the approach of the Turkish Competition Authority with that of the European Commission in the application of parental liability and the imposition of fines to parent companies.

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Found 1 month ago on channel Mondaq

China Accuses Coca-Cola of Misusing GPS Equipment

BEIJING (AP) — Chinese authorities are investigating whether Coca-Cola Co. employees improperly used location-finding technology in violation of restrictions on map-making. Coca-Cola said Thursday it was cooperating with investigators. It said trucks for some of its bottling plants use location technology that is widely available commercially in China to improve the efficiency of deliveries. Coca-Cola employees in the southwestern province of Yunnan were found improperly using handheld global positioning system devices, the deputy director of the national surveying agency told government radio this week. It was one of 21 similar cases involving companies using GPS devices in Yunnan to “illegally obtain classified information,” said the official, Li Pengde, according to the China National Radio website. He gave no additional details. Beijing tightly controls map-related activities due to both national security concerns and political sensitivities about the location of its borders. Providers ...

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Found more than 1 month ago on channel TIME Moneyland