In February 2017, three Member States (France, Germany and Italy) sent a letter to the European Commission demanding greater EU powers to control, and if necessary block, third country takeovers. This because many European companies face restriction to buy foreign companies. But this is not the case with foreign firms. On the contrary, they are increasingly buying European firms, in key strategic sectors.
In the recent European Summit, Member States welcomed the European Commission’s proposal to analyse investments from third countries in key and sensitive sectors. Overall, Member States support the European Commission to have some role in screening investments. Yet Member States oppose giving the European Commission veto powers. Member States wish to retain the power to assess and protect key sectors.
The EU is determined to improve further the framework to control strategic investments. We expect further details in the field of foreign investments in September. Further information will emerge on what the EU mechanism would entail and how it would work in practice, next to the national screening competences.
Back in 2008, the European Commission issued a proposal for legislation on providing food information to consumers. The proposal was approved. It included food labelling rules and nutritional information. But Members of the European Parliament rejected a mandatory system that would have labelled food based on the traffic light system.
On June 14, the European Parliament decided to support the European Commission’s proposal for an outright ban on the use of pesticides in nature conservation areas. Under the new rules, farmers will no longer be allowed to use pesticides in areas that have been determined to have an ecological focus. Member States will decide what are the areas of ecological focus based on a common EU definition.
Following the Circular Economy Package, the European Commission is also working towards an over-arching strategy on plastics. In that framework, it is also considering legislation that is aimed at reducing microplastics that are emitted by various products at the end of their lifecycle, or during production and transport.
Alber & Geiger is proud to announce that the firm was recognized again in 2017 by The Lawyer European Awards for its excellence across the European legal market. Alber & Geiger was shortlisted as Law Firm of the Year in the Benelux. This follows on an earlier recognition by the prestigious European Public Affairs Awards (EuroPAwards). Alber & Geiger was nominated in four different categories and Andreas Geiger was handed the Best Lobbyists award for 2016.
Next to the proposal to amend the Firearms Directive, which focuses on possession, acquisition and transfer within the European Union, the European Commission is also set to embark on a revision of the Firearms Regulation.
Via the Multiannual Financial Framework (MFF), the European Union lays down the maximum annual amounts, which the European Union dedicates to a particular field over a certain period of time. The current projection covers the period 2014-2020. The MFF includes, among other things, all the external action of the European Union, which provides support to third countries abroad.
The European Union is assessing whether the existing directive dealing with producer liability for defective products is still fit-for-purpose. The current directive guarantees the liability of the producer in the event of damage caused by malfunctioning products. In addition, it sets common rules for liability and offers consumers an opportunity to claim financial compensation.
The European Commission recently presented its proposal on mandatory labeling of the list of the ingredients and the nutrition declaration of alcohol beverages. Currently, the alcohol industry was not required to provide ingredients and nutrition information. This was in stark contrast to other foods, which had to provide labelling information.