Contract Insights

In a critical ruling on September 19, 2024, the Court of Justice of the European Union (CJEU) banned the use of online price parity clauses. This decision significantly impacts the way businesses operate within the EU. The ruling, particularly affecting platforms like Booking.com, marks a pivotal moment in EU competition law. For organizations navigating this new regulatory change, CobbleStone Contract Insight^® contract lifecycle management (CLM) software serves as a vital tool for managing contracts and ensuring compliance.

Did you remember to read all of our blog posts from April? Don't worry; we have outlined each of them for you. Stay up-to-date with industry topics, real-world case studies, and contract management software and procurement best practices in May by reading the latest CobbleStone^® content.

This recent executive order stresses the importance of artificial intelligence (AI) education for American youth. Understanding and leveraging AI properly is critical to preparing the next generation for the AI-driven economy and workforce. CobbleStone Software's VISDOM^® AI, contract artificial intelligence powered by machine learning, offers a unique and practical application of AI. CobbleStone Software's VISDOM+ generative AI presents exciting possibilities for shaping how future professionals interact with and utilize generative AI.

The April 2025 Presidential Executive Order, “Lowering Drug Prices by Once Again Putting Americans First,” brings forth a restructuring of the regulatory landscape for pharmaceutical and healthcare entities. These organizations are urgently analyzing current contracts and generating new agreements to comply with impending federal reforms aimed at reducing medication costs. In the heat of this scramble, powerful pharma contract management and healthcare agreement software solutions have gone from optional resources to essential assets for legal and procurement teams.

To that end, let's examine how integrated pharma contract management, healthcare agreement, and hospital procurement software solutions can help organizations easily navigate new drug pricing reforms.