The FTC is increasingly focused on competition in gasoline and fuel markets and has “redoubl its commitment” to “aggressive antitrust enforcement” in these areas. The most recent example of this renewed commitment came earlier this month with the announcement of a consent agreement, requiring the divestiture of petroleum terminals in two states. The proposed transaction involved petroleum terminal and pipeline companies and the acquisition of 26 light petroleum product terminals largely located in the Southeast for approximately $435 million. The...

This article is part of Portolano Cavallo’s “INFORM@Digital & IP” Newsletter. Click here to subscribe | On June 9, 2022, the Italian Data Protection Authority (Garante per la protezione dei dati personali – “Garante”) issued a decision banning the use of Google Analytics without implementation of adequate additional safeguards. The decision is in line with the position of other EU supervisory authorities (including the French CNIL). It came in response to a claim against Caffeina Media S.r.l. (the “Company”) arguing that the use...

EB-5 regional centers officially reauthorized after preliminary injunction reverses USCIS’ decision to deauthorize all regional centers On Friday, June 24, 2022, the Federal Court in the Northern District of California granted a preliminary injunction to stop United States Citizenship and Immigration Services (USCIS) from requiring all regional centers to seek redesignation. In April 2022, USCIS announced that all regional centers authorized under the previous EB-5 legislation would be required to re-apply for designation under the new law before they could receive investments...

Baar/Stafford - Sika from the canton of Zug has opened a manufacturing plant for concrete admixtures in Stafford in the U.S. state of Virginia. In combination with its other plant near Philadelphia, Sika will now have production capacity to meet the strong demand from continued growth in the construction sector in North America. Sika has opened a new manufacturing plant for concrete admixtures on stream in Stafford in the U.S. state of Virginia. Together with the existing plant in Fairless Hills...

During its summit in Elmau (Germany), the Group of Seven (G7) endorsed the Emerging Market Climate Action Fund (EMCAF) as an example of a concrete innovative and market-led approach to mobilise private investments for climate relevant infrastructure and to enhance multilateral finance and collaboration. In addition, Germany announced to increase their investment in the fund. EMCAF is an innovative blended finance fund initiated jointly by the European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) to finance climate mitigation and...

By R.K. Gardner, New World Technology Partners | Digital technology, often expressed as Information and Communications Technology (ICT) embodies a more expansive and vulnerable array of elements than has been considered in traditional cyberspace. The pace of introduction and (often hasty) adoption of new and emerging technologies, applications and information artifacts, upon which enterprises and government institutions/agencies rely to conduct business, has become a global system-of-systems, composed of numerous interdependent components and myriad channels. They operate in a rapidly changing...

What does this mean for your company? The special bilateral agreements signed between Luxembourg and the Belgian, French and German authorities concerning cross-border workers in the context of the COVID-19 pandemic will come to an end on 30 June 2022 – including, in principle, their social security exemptions (unless the relevant agreements are once again extended). As a consequence, from 1 July 2022, the general rules on the taxation of employment income received by Belgian, French and German cross-border commuters (i.e.,...