Commercial Distribution

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Recent Articles

  •  
    07/03/2024
    Belgium

    Belgian Competition Authority publishes study on consumer goods price trends in Belgium and neighbouring countries

    FR
    Since 2013, the Belgian Competition Authority (the "BCA") has been mandated with additional jurisdiction over competition and price trends.Book V of the Code of Economic Law provides for a system in which:the Price Observatory analyses prices and margins, either on its own initiative or at the request of the Minister, and identifies any structural problems in the market; andin the event of structural market problems, problems with prices or margins, or abnormal price trends, the Collège de la Concurrence (Competition Board) may, at the request of the Price Observatory, issue decisions on...
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  •  
    19/01/2024
    International

    CBAM: Just over a week to comply

    As the deadline for the first Carbon Border Adjustment Mechanism (CBAM) report approaches on January 31st, it is crucial for undertakings engaged in importing relevant goods into the European Union to understand their obligations - which take practical effect this month. The CBAM, established by Regulation (EU) 2023/956, represents a significant step in the EU’s efforts to combat climate change and carbon leakage, aligning with the overarching goals of the European Green Deal and the Paris Agreement.Key Practical Points on CBAM:Scope of CBAM: This mechanism applies to specific goods listed...
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  •  
    20/12/2023
    Germany

    After public consultation, Germany’s BMWK to consider 12th amendment to the Act for Restraints against Competition

    On 4 December 2023, the public consultation closed on a 12th amendment to the German Act for Restraints against Competition (GWB). The consultation had been initiated by the Federal Ministry of Economic Affairs and Climate Action (BMWK) on 6 November, the date when the 11th amendment of the GWB had been promulgated in the Federal Gazette and went into force the day after. While the 11th amendment sharpens German cartel law by strengthening the powers of the German competition authority, the Federal Cartel Office, for the consultation the BMWK urged all concerned organisations, undertakings, associations...
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  •  
    24/11/2023
    International

    Carbon Border Adjustment Mechanism transition in effect since 1 October 2023

    On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges against third-country importers of certain goods and only permits CBAM declarants to import these goods into the EU. Although reporting obligations have been imposed for the two-year transition period, CBAM does not fully go into effect until 1 January 2026.A. General InformationFrom 1 January 2026, importers of specific goods from third countries will be required to pay punitive CO2 charges under...
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  •  
    30/08/2023
    International

    CBAM Implementing Regulation and Extensive Additional Reporting Guidance Published

    Earlier this month, the European Commission (“EC”) adopted an Implementing Regulation (“IR”) and released extensive Guidance Documents (“Guidance”) on the practicalities of reporting requirements for the transitional phase of the EU’s Carbon Border Adjustment Mechanism (“CBAM”) framework. This first material phase of CBAM will commence on October 1, 2023 (“Transitional Period”). The Guidance complements the IR in providing vital instructions for both installation operators (exporters) outside the EU and importers of CBAM goods within...
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  •  
    24/07/2023
    Europe

    EU proposes legislation affecting digital payments

    The EU has proposed the creation of a third Payment Service Directive (PSD3) Directive to replace PSD2 and a regulation on payment services in the internal market in an effort to protect consumers involved in digital transactions.According to the EU, the need to introduce the PSD3 is justified in order to prevent new forms of fraud and to protect consumers resulting from digitalisation and technological developments (e.g. open banking, contactless and QR code payments).The PSD3 will not replace PSD2 but rather develop it by extending the fraud and abuse prevention obligations of payment service...
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