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Economic
Regulation Issues
February 2010 |
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Amendments to Income Tax Law
International Law Office, February 24, 2010
A draft amendment to the existing Income Tax Law
of Albania has been approved by the government and
discussed by the Parliamentary Commission of the
Economy. Among other things, it provides for the
taxation of an additional personal income. <<More>>
UK Regulator Heads to Court
Global Competition Review, February 25,
2010
The Competition Commission said it will go
straight to the Court of Appeal to force UK
airport operator BAA Ltd. to sell two more
airports after the Competition Appeal Tribunal
refused to give permission to appeal its decision. <<More>>
Antitrust Enforcement Action
Troutman Sanders LLP, February 24, 2010
In a rare move, the US Department of Justice (DoJ)
has taken antitrust enforcement action against a
participant in a regional market overseen by the
Federal Energy Regulatory Commission. <<More>>
ANATEL Issues Draft Regulation
International Law Office, February 24, 2010
After many years of discussion, in late December
2009 the Brazilian National Telecommunications
Agency (ANATEL) finally issued a draft regulation
for mobile virtual network operators (MVNOs),
which are used as an effective tool to foster
competition and increase service offerings in many
countries around the world. <<More>>
Air Safety Record Among World's Worst
Allafrica.com, February 23, 2010
Africa continued to record a high rate of aircraft
accidents despite 2009 recording the second lowest
level of crashes globally, the International Air
Transport Association has said. <<More>>
Law Against 'Dirty' Money
Allafrica.com, February 22, 2010
Leading financial institutions in Uganda plus the
World Bank and International Monetary Fund (IMF)
want the government to enact anti-money laundering
laws, which other countries in the region have
passed. <<More>>
CADE Publishes Four New Digests
International Law Office, February 12, 2010
On December 09, 2009 the president of the
Brazilian Administrative Counsel for Economic
Defence (CADE) submitted to the board four
proposals for new digests. The proposals were all
approved by unanimous decision and published in
the Official Gazette. <<More>>
Eurogroup to Push for Greek Reforms
Financial Express, February 15, 2010
Euro zone finance ministers will pile up pressure
on Greece to fully implement planned budget
deficit cuts so that the euro area would never
have to deliver on its pledge of support for
Athens. <<More>>
EC Urges Latvian Regulator to Set Lower Rates
Global Competition Review, February 05,
2010
The European Commission has asked the Latvian
telecoms regulator to change the way it calculates
fixed and mobile termination rates so that these
fees can be lowered, making calls cheaper for
consumers. <<More>>
Effects of Termination of Credit Facilities
International Law Office, February 05, 2010
Due to an increased need for liquidity and
deteriorating market conditions for the majority
of borrowers, banks have become focused on
limiting their exposure to badly performing
borrowers. <<More>>
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