Nov
11

Public Consultation on the Intersection Between Competition Law and Sustainability Policy

News_blb
The European Commission has published a call for contributions, which will run until 20 November, on how EU competition policy can best support the "Green Deal". The Green Deal is the EU's action plan intended to boost the efficient use of resources by moving to a clean, circular economy and to restore biodiversity and cut pollution.The main goal is for Europe to be the first climate neutral continent by 2050.The idea is that competition policy, although not the primary tool to combat climate change and protect the environment, can complement regulation in doing s...
Continue reading
  216 Hits
0 Comments
216 Hits
  0 Comments
Oct
19

COVID-19 State Aid to be Prolonged

News_cvdglb
As a result of the unprecedented circumstances we are currently facing, a number of measures were adopted to ease the challenges that various businesses are facing. In this regard, the European Commission adopted the State aid Temporary Framework (the "Framework") on 19 th March, 2020, which has subsequently been amended a number of times to reflect the ever-changing nature of how the coronavirus pandemic is affecting the economy. This Framework details the conditions under which State aid would be permissible under Article 107(3)(b) of the Treaty on the Functioni...
Continue reading
  378 Hits
0 Comments
378 Hits
  0 Comments
May
19

Commission approves Malta’s state aid scheme to support investments in the production of coronavirus-relevant products

News_19cvd
On 12 May 2020, the European Commission approved an €11.5 million state aid scheme to support investments in the production of coronavirus-related products such as vaccines, personal protective equipment, and ventilators. Undertakings operating in sectors related to the production or the diversifying of products related to the coronavirus outbreak may benefit from this scheme through direct grants, repayable advances, and tax advantages. However, beneficiaries must complete investments projects in this regard within six months after receiving the aid. The scheme w...
Continue reading
  1058 Hits
0 Comments
1058 Hits
  0 Comments
Apr
06

Malta’s €350 million State aid scheme approved by the Commission

News_500
On 2 April 2020, the European Commission approved Malta's State aid scheme to support the local economy amid the COVID-19 outbreak. The scheme has an estimated budget of €350 million to enable public guarantees on loans to support the Maltese economy as it navigates through the current situation. It will also help businesses cover their liquidity needs. The Maltese government notified the scheme under the EU State aid Temporary Framework that was put into effect on the 19 March 2020. In approving the scheme, the European Commission acknowledged that this measure i...
Continue reading
  947 Hits
0 Comments
947 Hits
  0 Comments
Apr
06

Office for Competition Announces Temporary Measures for Concentration Notifications in Response to COVID-19

News_Mamo
In the light of the COVID-19 outbreak, the Office for Competition (the "Office") is currently working remotely. As a result, new procedures for communication with the Office are being adopted, with the Office now accepting online concentration notification forms. All supporting documents accompanying the concentration notification form are to be submitted electronically, and the notification fee that must be paid by the notifying party/parties is to be sent via online banking. Further details in this regard can be accessed here . No documentation is to be physical...
Continue reading
  1093 Hits
0 Comments
1093 Hits
  0 Comments