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Brief
Summary:
The weekly digest provides an overview of recent enforcement actions and sanctions from G-20 nations. Key highlights include:
Brazil: The Comptroller General of Brazil (CGU) initiated an investigation into potential irregularities in CONAB's rice imports.
Canada: The Competition Bureau gathered information and advanced an investigation into Amazon's marketing practices, which may lead to regulatory actions. Sobeys and Loblaw's use of property controls is also under investigation.
European Union: The European Commission opened an in-depth foreign subsidies investigation into e&'s acquisition of parts of PPF Telecom and called on Czechia to improve competition in the packaging sector.
Germany: BMW, Mercedes, Thyssenkrupp, and VW were allowed to jointly negotiate technology licenses for standard-essential patents.
India: The Reserve Bank of India imposed monetary penalties on Vishwakalyan Sahakara Bank Niyamit and Prakasam District Co-operative Central Bank Ltd for non-compliance with regulatory guidelines.
Russia: The Federal Antimonopoly Office uncovered a road cartel involving activities valued at 1.6 billion rubles.
United Kingdom: The Information Commissioner's Office will collaborate with its Canadian counterpart to investigate a data breach at 23andMe.
United States: The Environmental Protection Agency reached a settlement with EnerSys Energy Products Inc. regarding alleged violations of the Clean Air Act, and four additional states joined the U.S. Department of Justice's lawsuit against Apple.
Sanctions:
The European Council issued statements on behalf of the EU on the alignment of certain countries with Council Decisions concerning restrictive measures in view of the situation in Syria. The Office of Foreign Assets Control (OFAC) sanctioned individuals and entities involved in public corruption in Guyana and the illegal transport of oil and other commodities.
Compliance Tips:
Regularly review and update compliance policies
Conduct internal audits to ensure adherence to regulations
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