EU Accuses Shipping Companies of Forming Cartel
Client Alert | less than 1 min read | 04.11.07
On Wednesday April 11, 2007, the European Commission took a step forward in its investigation into shipping companies it claims have formed an anti-competitive cartel in the global carrier industry. The Commission sent statements of objections to the companies which accuses them of bid-rigging, price-fixing and exchanging confidential market information regarding the transportation of bulk liquids by sea. The letter also alleged that they colluded to restrict competition in the EU market. The letter follows a number of raids in February 2003. The companies have two months to respond to the E.C.'s letter and request oral hearings.
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Client Alert | 7 min read | 12.17.25
After hosting a series of workshops and issuing multiple rounds of materials, including enforcement notices, checklists, templates, and other guidance, the California Air Resources Board (CARB) has proposed regulations to implement the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261) (both as amended by SB 219), which require large U.S.-based businesses operating in California to disclose greenhouse gas (GHG) emissions and climate-related risks. CARB also published a Notice of Public Hearing and an Initial Statement of Reasons along with the proposed regulations. While CARB’s final rules were statutorily required to be promulgated by July 1, 2025, these are still just proposals. CARB’s proposed rules largely track earlier guidance regarding how CARB intends to define compliance obligations, exemptions, and key deadlines, and establish fee programs to fund regulatory operations.
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The new EU Bioeconomy Strategy: a regulatory framework in transition
