Publication
Mission impossible? Teresa Ribera’s mission letter and the future of EU merger review
Executive Vice President Vestager’s momentous tenure as Commissioner responsible for EU competition policy is nearing its end.
Authors:
Global | Publication | August 2024
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The Turkish Parliament recently approved significant amendments to the Law on the Protection of Competition. These amendments are published in the Official Gazette on May 29, 2024, under Law No. 7511 (Amendment Law). One notable change is the removal of the requirement to submit the first written defense. Previously, under the Protection Law No. 4054, the undertaking under investigation had to provide its initial written defense within 30 days of receiving the investigation notice.
The Amendment Law has eliminated this obligation aiming to streamline procedures and expedite the investigation process. Furthermore, the Amendment Law clarifies that the investigation notice does not allege a violation but rather suggests a suspicion of violation. It underscores that the notice does not necessitate a response in terms of the right to defense.
Before the enactment of the Amendment Law, the undertakings had to address the defenses presented in the undertaking's second written defense by preparing an additional written opinion. The Amendment Law now restricts this requirement to situations where the defenses submitted by the undertaking alter the opinions in the investigation report aiming to potentially enhance procedural efficiency.
Finally, on the "third" round of document exchange, with the Amendment Law, in the event that there is a change in their opinions in the investigation report as a result of the written defenses received, those assigned to conduct the investigation shall notify their written opinions to all Board members and the relevant parties within 15 days. The parties may respond to this opinion within 30 days.
Publication
Executive Vice President Vestager’s momentous tenure as Commissioner responsible for EU competition policy is nearing its end.
Publication
On November 28, 2023, the European Commission (EC) adopted its first list of Projects of Common Interest (PCIs), i.e., projects within the EU territory, and Projects of Mutual Interest (PMIs), i.e., projects connecting the EU with other countries, including 166 projects implementing the European Green Deal.
Publication
On 10 October 2024, the UK government published its long awaited response (the Response) to its January 2024 consultation on “Designing a policy framework to enable investment in long duration electricity storage” (the Consultation).
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