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European Legal update: 30.04. – 14.05.
Assistant lawyer Natālija Ķīse compiled the material. Data protection Digital Markets Act: Commission initiates market investigation for X and designates Booking as gatekeeper Published: 13 May 2024 In accordance with the Digital Markets Act (DMA), the European Commission decided not to designate X Ads or TikTok Ads and instead named Booking as the gatekeeper for […]
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Sorainen ESG-focused newsletter, May 2024
EU-level news ECTHR ruled that climate inaction violates human rights On 9 April 2024, the European Court of Human Rights handed down a groundbreaking ruling in a case concerning elderly Swiss women and climate change. This is a major decision, as it is the first time that the Court has dealt with climate change issues, […]
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AML Watcher: Can Spotify be used as a Money Laundering Front?
Violeta Zeppa-Priedite, head of Sorainen Latvia Corporate Crime practice has recently mentioned that the development of various social networks and online platforms has not only created new opportunities for people to consume and publish different types of content, but unfortunately has also opened up new horizons for criminals to engage in illegal activities. As the […]
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En.lsm.lv: “Latvijas Gāze” dividends payment to Russian companies challenged in court
How correct is it that the Latvian gas company “Latvijas gāze” paid out several million euros in dividends to Russian state companies on its profits last summer? This question has been brought to court. Energy prices soared around the world after Russia’s full-scale invasion of Ukraine. This helped energy companies, including Latvijas gāze, to make good profits. […]
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European Legal update 17.04. – 30.04.
Assistant lawyer Natālija Ķīse compiled the material. Data protection Fashion online retailer, Shein, to comply with more stringent DSA rules Published: 26 April 2024 Shein, an online fashion store with over 45 million monthly visitors in the EU, has been officially classified as a Very Large Online Platform (VLOP) by the Commission today in […]