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Spotlight issue

2nd November 2021 / Good governance / Legal Reform and Transparency


Legal Update - October 2021

News in legislation
  • Amendment to the Act on Banks 

 

1st November 2021 / Good governance / Legal Reform and Transparency


Europe’s top court holds that damages arising from a parent company’s infringement of European competition law can also be claimed against its subsidiary

On October 6, 2021, the Grand Chamber of the of the Court of Justice of the European Union (CJEU) delivered its decision in Case C-882/19 Sumal SL v Mercedes Benz Trucks España, clarifying certain issues related to the imputability of anticompetitive conduct within a group of companies and the related private law consequences.

22nd October 2021 / Competitiveness / Energy and Environment


The EU’s Carbon Border Tax Will Redefine Global Value Chains

Levies on emissions tied to imports will impact companies inside and outside the EU and could alter the competitive balance between nations in many industries.

Companies around the world that export to the European Union—the world’s largest single market—are now on notice. After years of discussion and debate, the European Commission in late July unveiled its long-anticipated plans to make importers and non-EU manufacturers pay for the carbon emissions associated with the goods and materials they sell in the EU.

 

22nd October 2021 / Competitiveness / Business and Industry


Economic impact for small businesses, powered by partnership with Amazon

Amazon made a bet two decades ago to embrace third-party sellers—and the bet is paying off for both customers and small businesses, according to Amazon’s 2021 Small Business Empowerment Report.

22nd October 2021 / Economic policy / Macroeconomic Indicators, Economic Growth


Industry dropped strongly due to car manufacturers

Industry fell sharply below all estimates in August, mainly due to a drop in car production. Hand in hand with this, the foreign trade balance also deteriorated. Construction output grew slightly. In summary, the published data were worse than expected, and although it is not good to draw strong conclusions from the summer months, supply chain problems appear to continue to weigh heavily on industry.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic