Feb 2019

article

EU and Irish competition law prohibit anti-competitive agreements between companies. In Ireland, agreements which breach EU and Irish competition law can have material adverse consequences for those involved...

Feb 2019

article

It has already been an eventful year for competition law regulators given the growing political involvement and wider geo-political effects of transactions (as well as business practices).

Feb 2019

publication

Dr Vincent Power, Head of A&L Goodbody's EU, Competition & Procurement Group, provides an overview of the legal framework, policies and guidance in relation to cartels and leniency law in Ireland.

Feb 2019

article

The EDPB has published information notes on Data Transfers under the GDPR in the Event of a No-Deal Brexit, and on BCRs for Companies Which Have ICO as BCR Lead Supervisory Authority to help organisations prepare for a no-deal Brexit. The information notes build on guidance already issued by the UK ICO and Irish Data Protection Commission (discussed here). The Information Note on Data Transfe...

Feb 2019

article

The EDPB has published information notes on Data Transfers under the GDPR in the Event of a No-Deal Brexit, and on BCRs for Companies Which Have ICO as BCR Lead Supervisory Authority to help organisations prepare for a no-deal Brexit. The information notes build on guidance already issued by the UK ICO and Irish Data Protection Commission (discussed here). The Information Note on Data Tra...

Feb 2019

article

The effects of Brexit on major commercial transactions and the resolution of commercial disputes will ultimately depend on the terms on which the UK leaves the European Union. An extreme "No Deal" Brexit, is likely to have significant repercussions in the way parties provide for the resolution of commercial disputes in several respects. Due to its procedural effectiveness and certainty, the Co...

Feb 2019

article

One of the unforeseen consequences of Brexit is that Irish businesses could be subject to more competition dawn raids by the European Commission as the option of conducting these unannounced inspections in the UK is blocked off by the UK leaving the European Union.  A&L Goodbody's Dr Vincent Power was interviewed about the issue in an article in to-day's The Irish Times...

Feb 2019

article

Cash flow is the life blood of the construction industry, goes the mantra. Construction projects often have long supply chains. When cash stops flowing down the chain, businesses can fail. There is all too much recent evidence of this.   Someone in the chain (say, a main contractor) could seek to provide in a contract that it does not have to pay the party below (subcontractor) until it has...

Feb 2019

article

The start of a new year brings a number of changes and developments in the world of tax. Ireland has introduced a new exit tax on certain transfers of assets cross border and CFC rules targeting the diversion of profits from Ireland to low or no tax jurisdictions.

Feb 2019

article

Battery storage is an essential support mechanism as Ireland's electricity system seeks to accommodate increased renewables penetration. EirGrid's 'DS3 Volume Capped Procurement Process' is set to commence in late February 2019 with the aim of up providing 6 year fixed term contracts to 140MW of new high availability technologies (primarily batteries). This represents a significant opportunity...