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Updated: April 12, 2010 (Initial publication: April 3, 2010)

Contributions

Sectorial Record (Finance): The French Court of Cassation handed down a decision on 23 September 2009 concerning a Right of First Refusal clause in which the price of resale is predetermined

Updated: Oct. 7, 2011 (Initial publication: Dec. 25, 2010)

Authors

FRISON-ROCHE, Marie-Anne

Marie-Anne Frison-Roche, agrégée des facultés de droit and Docteur d'Etat, has held the position of Tenured Professor at the Institut d'Etudes Politiques de Paris (Sciences Po). (...)

Updated: July 2, 2012 (Initial publication: June 22, 2012)

Breaking news

By judgment of 21 June 2012, the US Supreme Court has validated the cancellation by the judge of sanctions pronounced by the Federal Communications Commission against chains of television for obscenities.

In the United States, the Federal Communications Commission had sanctioned for "indecency" two non-cabled television channels ABC and Fox, to have shown a woman entering back in the shower and let a singer say a rude word in a live broadcast. On appeal, the sanction was set aside by the federal judge. The regulator applies to the Supreme Court of the United States, which declared the case admissible and proceeds with the case, in a judgment of June 21, 2012. It dismisses the appeal of the regulator.It considers indeed that the regulator cannot punish channels in application of too-vague criteria of "indecency", as chains should know to what they expose themselves to the point where they act; otherwise punishment is contrary to the Constitution. This is a transposition of the legality of offences and penalties. The Court prefers to put the analysis on this field, repressive, and not the addressed by it, of the freedom of expression.

Updated: Sept. 11, 2012 (Initial publication: Sept. 7, 2012)

Breaking news

In Senegal, the electricity regulator said on August 4, 2012 that he will control the sale of public operator's electricity to self-producers and consumers

About electric Regulation, Senegal remained halfway. Indeed, it has instituted a regulator, the "Commission de Régulation du Secteur de l'Electricité - CRSE)" (Senegale Regulatory Commission of Electricity Sector), but it built the sector around a public operator, SENEGEL with which the State has concluded a concession contract . This operator has the legal monopoly on the transport and distribution. As for production, it has the right to purchase electricity produced by independent producers, as it can sell them electricity if necessary. The prices are regulated by the regulator, through a cap. On 4 August 2012, the regulator has reported a plan of action. This is to make more transparent the relationship between the public operator and independent producers, the information being given to consumers. This is for encouraging them to act and obtain prices more favorable. This incentive is an alternative to net more liberalization of the sector.

Updated: April 28, 2011 (Initial publication: April 28, 2011)

Authors

WASMER, Etienne

Etienne Wasmer is a Professor at Sciences Po Paris, where he directs doctoral studies in economics and co-directs a Laboratoire d’Excellence (Labex) on the Interdisciplinary Evaluation of Public Policy. (...)

Updated: Sept. 25, 2012 (Initial publication: April 1, 2010)

Sectorial Analysis

II-6.8 : Credit Rating Agencies: Post-Crisis regulatory measures adopted by the European Union Regulation of 16 September 2009

 

Main information

 

The European Regulation of 16 September 2009 implements a new regulatory framework for credit rating agencies, in order to restore investor and consumer confidence, enable the supervision and transparency of credit ratings, and avoid conflicts of interest.

Updated: July 5, 2012 (Initial publication: June 26, 2012)

Breaking news

The "Autorité de régulation des communications électroniques et des postes" - ARCEP (French telecommunications and postal regulator) required Internet operators to regularly provide information. AT & T and Verizon announced the June 21, 2012 that they challenged the decision of the regulator before the "Conseil d’Etat" (French Council of State).

The "Autorité de régulation des communications électroniques et des postes - ARCEP" (French telecommunications and postal regulator) required that all Internet operators, French or foreigners, from the moment that they operate on the French territory, to provide it, by return of questionnaire, a series of information, every 6 months, on their wholesale trafficking on the Internet, theirs tariff policies, their locations of interconnections, etc. AT & T and Verizon have said on June 21, 2012 that they challenged the decision before the "Conseil d’Etat" (French Council of State).

Updated: Sept. 16, 2011 (Initial publication: March 23, 2011)

Authors

PAN, Eric J.

Eric J. Pan is an Associate Professor of Law and the Director of The Samuel and Ronnie Heyman Center on Corporate Governance at the Benjamin N. Cardozo School of Law in New York.(...)

Updated: May 29, 2012 (Initial publication: May 18, 2012)

Breaking news

A study commissioned by the British Regulatory of Healthcare related to a scandal such as PIP implants was published on May 14, 2012

In the United Kingdom, the Medicine and Healthcare Products Regulatory Agency, by noting the wrongdoing of the scandal of the Breast implants PIP and the clumsy way in which this type of scandal, alarming the population, had been resolved by health authorities, has commissioned a study in January 2012 to analyse this crisis and learn from it behavior lessons for similar crises. On May 14, 2012, the report was published. This report advised the regulator, when it is faced with this type of crisis, to expand its sources of medical information before making provisions, that it didn't do sufficiently. The regulator must also communicate as much as possible with the victims on the one hand (first circle) and the public (second circle) to give information, reassure and encourage good medical behavior.

Updated: Jan. 11, 2012 (Initial publication: Dec. 22, 2011)

Authors

SÈVE, Margot

Margot Sève is a lawyer who holds a Master degree in Business Law from the University of Paris 2 Panthéon-Assas. She also studied Chinese in Paris (INALCO) and business law in China (...)
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