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The Court of Justice of the European Union (CJEU) has handed down its judgment in C-355/12 Nintendo and Others v PC Box Srl and Others (23 January 2014) following the Tribunale di Milano in Italy's (the Milan District Court) request (26 July 2012) that the CJEU clarify the extent to which videogame console manufacturer Nintendo is legally protected under Directive 2001/29/EC (the Copyright Directive) to combat the circumvention of certain technological protections installed in Nintendo-manufactured equipment.

Chemicals and materials company WR Grace & Co (Grace) has announced that its Joint Plan of Reorganization (23 December 2010) (the Plan) (further information) commenced on 3 February 2014, marking the end of its 12-year-long period in bankruptcy and establishing two trust funds totalling more than US$4 billion to "compensate asbestos personal injury claimants and property owners".

The United States (US) Securities and Exchange Commission (SEC) has announced that public accounting firm KPMG has agreed to pay US$8.2 million to settle charges that it breached auditor independence rules.

Published in Conflicts of Interest

Google Powers Ahead on Green Energy Investments

30 Jan 2014
Written by World Watch

Google Inc (Google) has reached a deal with Eolus Vind AB (Eolus) to finance Eolus's construction of four new wind power plants in Sweden.

Verizon Communications (Verizon) has released its Transparency Report 2013, comprising United States (US) data and international (non-US) data (both dated 22 January 2014), which it says is "the first such report to be released by a telecommunications company".

Apple Inc (Apple) has released Update on National Security and Law Enforcement Orders (27 January 2014) (the Update), which provides data to replace the United States (US)-specific data contained in Apple's Report on Government Information Requests (5 November 2013) (the Report).

Japan-based airline All Nippon Airways (ANA) has apologised for and decided to modify a video commercial following social media users' complaints that it uses offensive stereotyping.

Foreign Firms Fined for Reporting Failures

22 Jan 2014
Written by World Watch

The United States (US) Commodity Futures Trading Commission (CFTC) has made available an Order (15 January 2014) settling charges against Brazil-based firms Multigrain SA (Multigrain) and Agricola Xingu SA (Agricola Xingu) for reporting failures.

Published in Financial Integrity

Speech - EU Competition Policy

22 Jan 2014
Written by World Watch

The European Commission (EC) has made available Competition policy for the post-crisis world: A perspective, a speech delivered by EC vice president responsible for competition policy Joaquín Almunia in Belgium on 17 January 2014 on the occasion of the College of Europe Global Competition Law Centre's tenth anniversary.

Published in Competition

The United States (US) Department of Justice (DoJ) has announced that Japan-based car parts manufacturer Koito Manufacturing Co Ltd (Koito) has agreed to pay criminal penalties totalling US$56.6 million and plead guilty to a two-count felony charge relating to price fixing.

Published in Competition

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