News

Vinge helps the children of Pakistan

August 26, 2010

Vinge is donating money to help the flood victims in Pakistan.

“The money is going to Unicef since we want to help those children whose lives have been so severely devastated” says Pär Remnelid, a partner at the Malmö office who took the initiative regarding Vinge’s donation.

Unicef states that the floods in Pakistan have caused one of the worst catastrophes of all time. The country’s infrastructure has been decimated, people made homeless and the water and sewerage system destroyed.

This entails a significant risk of water-borne diseases and undernourishment for children. At the moment there are 3.5 million children who urgently need help to survive. Their lives are mainly threatened by undernourishment and diseases spread via the impure water.

New statute prohibits unfair terms and conditions and practices in conjunction with the purchase of agricultural and food products

The so-called UTP Act prohibits buyers from using certain terms and conditions and practices against suppliers of agricultural and food products. The Swedish Competition Authority exercises supervision and can, among other things, carry out unannounced inspections and order individual to attend formal interviews. In conjunction with violations, sanctions such as injunctions subject to a default fine or a sanction fee of up to one per cent of the buyer’s annual turnover can be imposed. The UTP Act will enter into force on 1 November 2021 and will also be applicable to contracts which are entered into prior to this date.
October 05, 2021

Vinge employs additional antitrust economists to further strengthen its practice

We welcome Adam Löfquist and Carl Widstrand to our EU, Competition & Regulatory practice group.
September 30, 2021

European Commission provides sanctions compliance guidance

The European Commission has recently issued three opinions regarding the interpretation of asset freeze provisions in certain sanctions legislation pertaining to Central African Republic, Ukraine, Libya and Syria. The opinions are also of relevance for other sanctions regimes which provide for the same or similar restrictions. Therefore, their practical relevance goes far beyond the sanctions regimes in the context of which they were issued and they therefore provide for helpful guidance regarding the required thresholds for sanctions compliance generally.
September 20, 2021