As the world anticipates the return of Donald Trump to the White House, the European Union (“EU”) braces for significant impacts in various sectors. The first Trump administration’s approach to transatlantic relations was characterized by unpredictability, tariffs on imported goods, a strained NATO relationship, and withdrawal from the Iran nuclear deal and the Paris climate
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The EPR Obligations of the New Urban Wastewater Treatment Directive Key Questions and Next Steps for Member States
The European Union has just published a new (recast) Urban Wastewater Treatment Directive (“UWWTD”) in the EU’s official journal. The UWWTD imposes important new Extended Producer Responsibility (“EPR”) obligations that will have a significant financial and administrative impact on companies marketing human medicines and cosmetic products in the EU. Member States must implement…
FCC Takes Next Step Towards U.S. Cyber Trust Mark
On December 4, 2024, the Federal Communications Commission (the “Commission”) announced that it had selected UL Solutions to serve as the Lead Administrator for its Internet of Things Cybersecurity Labeling Program (the “IoT Labeling Program”). The Commission also conditionally approved UL Solutions as a Cybersecurity Label Administrator (“CLA”) for the IoT Labeling Program. As we…
Brazil’s Fiscal Framework in Peril: Impact on Businesses
- On November 27, Brazil’s Finance Minister Fernando Haddad announced a package of spending cut measures and the outline of an income tax reform. The package was a reaction to market unease over the perceived weakness of the country’s fiscal framework, which built up over the past year.
- The announced spending cuts were poorly
…
European Commission’s draft guidelines on Article 102 – webinar series
Our webinar series on the European Commission’s draft guidelines on Article 102 is now available on demand here. The series, hosted by Kevin Coates, a former European Commission head of unit and an antitrust partner in Covington’s Brussels office, is in three parts.
In the first webinar, Massimiliano Kadar of the European Commission’s…
Regulatory Insights from the IEA’s New Report on Recycling Critical Raw Materials
On 18 November 2024, the International Energy Agency (“IEA”) published a detailed 163-page Report titled “Recycling of Critical Minerals: Strategies to Scale Up Recycling and Urban Mining” (the “Report”). The Report emphasizes the importance of recycling in securing the supply of essential minerals – such as copper, lithium, cobalt, and rare earths – which are…
Civil Service Protections in the Trump Administration
At the end of his prior administration, President Trump tried to overhaul the federal workforce by making it easier to remove a substantial number of federal employees. With his incoming administration, President-elect Trump may try to do so again. Though Presidents have broad authority over federal employees, these renewed efforts may face new legal challenges…
Trade Policy Under a Second Trump Administration and Implications for Business
November 25, 2024, Covington Alert
The inauguration of President Trump on January 20 is expected to bring important changes to U.S. trade policy that are likely to affect companies that supply international customers, or are reliant on global supply chains. As discussed in our prior client alert, international trade is expected to be a key…
Republicans Moving to the Middle
The conventional wisdom in recent years has been that the political parties have been moving to their respective left and right extremes. At least for the Republicans, this is wrong. Republicans have been moving left – to the center – enabling them to steal some formerly Democratic voters.
It’s true that Republicans have become more…
U.S. Tech Legislative, Regulatory & Litigation Update – Third Quarter 2024
This quarterly update highlights key legislative, regulatory, and litigation developments in the third quarter of 2024 related to artificial intelligence (“AI”) and connected and automated vehicles (“CAVs”). As noted below, some of these developments provide industry with the opportunity for participation and comment.
I. Artificial Intelligence
Federal Legislative Developments
There continued to be strong bipartisan…