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Financial services trade is currently one of the most controversial service chapters in the Transatlantic Trade and Investment Partnership negotiations. One of the main concerns is how the trade agreement may affect the ongoing reform of domestic financial regulations. Trade agreements ensure regulatory independence in the field. However, regulatory independence has also led to substantial divergence in regulatory requirements. Regulatory fragmentation and the extraterritorial reach of domestic financial ...

Since 2013, China's anti-trust regulators have drastically stepped up the enforcement of China's competition law against foreign firms. Major EU and Japanese automobile companies have recently been heavily fined for alleged price-fixing and monopolistic conduct.

The increasing penetration of the European Union by third country road haulage businesses, availing themselves of the great difference in salaries and social charges, led to important distortions of competition jeopardising the existence of small and medium sized enterprises. The activities of third country businesses, some of which are linked to or part of EU-enterprises, are to a considerable extent illegal due to the illegal employment of third country drivers and/or