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Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication | April 2018
On April 12, 2018, the National Constituent Assembly published the Constituent Decree for the Promotion and Protection of Birth and Humanized Birth (the Decree), published in the Official Gazette of the Bolivarian Republic of Venezuela (GORBV) No. 41,376. Here are the most significant aspects of the Decree:
The Decree’s purpose includes creating “humanized” conditions before, during and after childbirth and improving the health of mothers and newborns.
The provisions established in the Decree are applicable to all public or private natural or legal persons, including health centers located in the national territory that serve pregnant women during labour, delivery and postpartum, as well as newborns.
In accordance with Article 10 of the Decree, workers will be entitled to one or two half-days of leave or permission each month to attend prenatal consultation, and must submit a monthly control consultation certificate of prenatal health, issued by a health center.
Likewise, Article 11 of the Decree establishes that workers will be entitled to enjoy eight hours per month of leave or permission to attend the perinatal training course, and must present a monthly certificate of attendance at the perinatal course issued by a social or health center.
In both cases, the time granted to workers to attend the consultations or courses must be remunerated as if such time had been worked.
The violation or contravention of articles 10 and 11 of the Decree will be sanctioned by a fine of 50 to 500 sanctioning tax units1.
The Decree became effective as of its publication in the GORBV on April 12, 2018.
1 The sanctioning tax unit (U.T.S.) was created by Constitutional Law, published in the GORBV N ° 41.305 of December 21, 2017; however, to date its value has not been set.
Video
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
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