Insights
Insightful Perspectives with Meaningful Impact
Cyprus public procurement thresholds revised
Earlier this month, Cyprus has implemented the provisions of the EU Regulation 1336/2013, amending Directives 2004/17/EC, 2004/18/EC and 2009/81/EC of the European Parliament and of the Council in respect of the application thresholds for the - Read More...
New EU proposals on damage claims related to violation of competition laws
The European Commission has adopted a proposal for a Directive on how citizens and companies can claim damages when they are victims of infringements of the EU antitrust rules, such as cartels and abuses - Read More...
Cyprus Registrar of Trademarks introduces new policy on trademark classification
As a result of the recent decision of the European Court of Justice in the IP TRANSLATOR matter, the Registrar of Trademarks in Cyprus has introduced a new policy on trademark classification, aiming to - Read More...
EU Member States set up a Unified Patent Court
Pursuant to an international agreement concluded outside the EU institutional framework, 24 European Union member states have now agreed to establish a Unified Patent Court (UPC) that will ensure the uniform applicability of patent law - Read More...
Cyprus endorses competitive tax rules on Intellectual Property rights
Cyprus recently adopted a new framework of rules governing taxation of IP rights, which introduces a favourable IP regime in Cyprus. This development is expected to enhance the competitiveness of Cyprus in the area of - Read More...
Massive Chinese investment in Larnaca
HERMES Airports Ltd, the consortium in charge of operating and managing Larnaca International Airport, and Far Eastern Phoenix, a chinese controlled entity, have signed an agreement providing for a massive investment involving the construction - Read More...
Cyprus implements modern legal framework on public tender review
In the context of the government’s overall policy to promote and assure transparency and efficiency in the public procurement process, the Tenders Review Authority (TRA) was initially established under the Law 101(I)/2003, and commenced - Read More...
Overturn of cartel conviction for Petrolina
The Supreme Court has unanimously overturned a decision by the Competition Commission (CPC) to fine four fuel companies close to €43 million for collusion, after finding that the chairman of the CPC had been appointed - Read More...