The Business Times’ Post

I participated in the OECD Competition Law and Policy Competition Day in Paris yesterday and will attend the conference of the Studienvereinigung Kartellrecht e. V. tomorrow. Both conferences feature a panel on novel theories of harm in European merger control. Here are some initial insights from yesterday's panel at the OECD conference, where Hans Zenger, Kirsten Edwards-Warren and Christian Ahlborn discussed with Carolina Abate: ◼ Distinction between offensive and defensive entrenchment, where the former focusses on acquisitions of complementary potential competitor and the latter on the expansion of a dominant firm's ecosystem by depriving rivals of network effects in a way that reduces contestability. ◼ Dynamic theories of harm need to encompass both innovation and potential competition together and focus on the capabilities of the companies. ◼ Increasing emphasis on internal documents of the involved companies. I’m looking forward to the discussion tomorrow in Brussels. 

In the face of globalisation, investment relations have increased exponentially in recent decades. However, there are discrepancies in the interpretation of legal concepts relevant to international investment contracts, and there is no international standard to guide the contractual relationship between states and private investors. The ICC Institute of World Business Law and UNIDROIT's joint triennial project on International Investment Contracts (IICs) aims to develop guidelines to promote the modernisation and standardisation of international investment contracts. Looking forward to take part in the presentation which will explore the interaction between the UNIDROIT Principles of International Commercial Contracts (UPICC) and the ICC Model Clauses. ICC Arbitration UNIDROIT - International Institute for the Unification of Private Law #arbitration #commercial #contracts #icc #modelclauses

Market reputation is an intangible asset that ease firms to obtain lower cost of funding for their business. Our global study published in the Meditary Accounting Research (MAR) (Q1 and A in ABDC) has provided evidence on this issue. Thanks my coauthor Noor Houqe, Yinka Moses and Arun Elias for teaming up this project.

On 27th of March, our Chief Experience Officer, Tatiana Masalska - Laska, will join the business panel of the CEEC to discuss 'Beyond Borders: Exploring Vietnam’s Potential in 2024'. 🇻🇳 Looking forward to seeing you there! #TGMResearch #research #marketresearch #onlineresearch #mrx #insights #CEEC #CEECPanel #businesspanel

The NEXT corporate governance conference SEOUL Very pleased to have participated in this conference on the panel Capital Market Competitiveness and Reform Towards Enhanced Corporate Value. Thanks to Prof. Hwa-Jin Kim for the invitation and the Bell for the organisation. The issues addressed in the Korean Value Up programme have much in common with the debates on capital market competitiveness and reform in the EU and the UK. While the EU and UK focus on capital market regulatory reform, the Korean approach focuses on the development and disclosure of corporate ‘value up’ plans by companies. It will be interesting to observe how these different approaches to international competitiveness play out in the years ahead. See further https://lnkd.in/dwywn2G4

"𝑻𝒉𝒆 𝑫𝒊𝒍𝒆𝒎𝒎𝒂 𝒐𝒇 𝑪𝒐𝒏𝒔𝒆𝒏𝒕 𝒕𝒐 𝑰𝒏𝒕𝒆𝒓𝒏𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑨𝒓𝒃𝒊𝒕𝒓𝒂𝒕𝒊𝒐𝒏 𝒊𝒏 𝑰𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕 𝑨𝒈𝒓𝒆𝒆𝒎𝒆𝒏𝒕𝒔 𝒘𝒊𝒕𝒉𝒐𝒖𝒕 𝒂 𝑭𝒐𝒓𝒖𝒎" by Fernando Tupa explores the application of this fundamental principle when the dispute settlement provisions of an investment agreement are silent on the arbitral forum. Tupa’s central thesis is that consent to international arbitration is forum-specific. Read the full Book Review on "𝑻𝒉𝒆 𝑫𝒊𝒍𝒆𝒎𝒎𝒂 𝒐𝒇 𝑪𝒐𝒏𝒔𝒆𝒏𝒕 𝒕𝒐 𝑰𝒏𝒕𝒆𝒓𝒏𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑨𝒓𝒃𝒊𝒕𝒓𝒂𝒕𝒊𝒐𝒏 𝒊𝒏 𝑰𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕 𝑨𝒈𝒓𝒆𝒆𝒎𝒆𝒏𝒕𝒔 𝒘𝒊𝒕𝒉𝒐𝒖𝒕 𝒂 𝑭𝒐𝒓𝒖𝒎", reviewed by Christina L. Beharry in the latest issue of ITA in Review: https://lnkd.in/gf8Pfvrp

#EUstandards and #standardisation are shaping up to be a hot topic for the next Commission mandate. The Standardisation Regulation evaluation that is ongoing is going to make sure of that. If you are interested in some 'light' Summer reading and have Stockholm syndrome on the topic (like me) we have published BusinessEurope's 1025 submission on our website (link below) Our general message is that while we have a good system in the ESS (and it is taxpayer efficient) we see a need to make targeted changes to the Standardisation Regulation. Increasing legal uncertainty over copyright/International obligations and the looming spectre of future ECJ cases in my personal view make a compelling case to shore up the legal basis of Regulation 1025 in a way that reinforces industry's willingness to bankroll this entire process. #SingleMarket #Standards4EU https://lnkd.in/d2yb8Kcv

Supply Chain Engagement has been a hot topic of late among our clients with an increased focus on Scope 3 emissions reductions. This shift in focus is also driven by an increase in regulations across APAC impacting various high emitting industries and listed companies. Thankful for the opportunity to contribute insights to OECD - OCDE's Responsible Business Conduct for Green, Digital and Resilient Supply Chains in Asia Project. ACT Group #OECDrbc #OECDRBCAsia

Today's share comes from the art of negotiation: Generally there are two types of negotiations Multilateral an bilateral. To be concise allow me to make reference to https://lnkd.in/dpGDQQM9. accessed 13/09/2024.😊 What are multilateral negotiations? Multilateral negotiations are negotiations that involve more than two parties. Most commonly used in the context of international trade, multilateral trade negotiations often take place in the context of a multilateral trade agreement, like the United States-Mexico-Canada Agreement (USMCA), or as part of the functioning of a large international body, like the United Nations. What is the meaning of Multilateral Trade? Multilateral trade is any trade conducted with more than two involved parties, which is known as bilateral trade. Multilateral trade will often involve ongoing multilateral negotiations designed to amend, refine, and alter the terms of any existing trade agreements, norms, or standards. Multilateral trade is typically more complex than bilateral trade but can also give rise to significant benefits not realized in less expansive trade arrangements.

Italy routinely ranks as an attractive destination for foreign investors, but the high level of complexity can make it a challenging environment in which to do business. We take a look at the drivers of this complexity and the steps you need to take for seamless incorporation. Connect with our team Aynsley Vaughan, Xander Benjamins, and Benjamin Fielding to find out how we can support you on your global expansion journey or read more here: https://lnkd.in/eSxg5KJh #incorporation #compliance #Italy