The "Act on Corporate Due Diligence Obligations in Supply Chains" (Gesetz über die unternehmerischen Sorgfaltsverpflichtungen in Lieferketten; hereafter "Supply Chain Due Dili-gence Act") entered into force in Germany on 1 January 2023.
Recently, a bill was introduced in Luxembourg's parliament seeking to set up a national screening mechanism for foreign direct investment in Luxembourg.
In September last year, the Austrian legislator in-corporated a sustainability exemption into Austrian competition law ("Sustainability Exemption"). This was unprecedented given that, so far, the competi-tion authorities in the Netherlands and Greece had only issued vision documents, discussion papers and guidelines on the components of cooperation to increase sustainability between competitors.