On 23 May 2024, over a year since its introduction to Parliament, the DMCC Bill was rushed through before the proroguing of Parliament ahead of the July UK General Election. It received Royal Assent the following day....more
As we reported previously, on 25 April this year the UK Government introduced the Digital Markets, Competition and Consumers Bill (“DMCC Bill”). Many of the headlines about the DMCC Bill have understandably related to the new...more
6/20/2023
/ Antitrust Provisions ,
Competition ,
Competition Act ,
Complex Corporate Transactions ,
Consumer Protection Laws ,
Corporate Counsel ,
Digital Marketplace ,
Digital Markets Strategy ,
Extraterritoriality Rules ,
Merger Controls ,
Mergers ,
Proposed Amendments ,
Threshold Requirements ,
UK ,
UK Competition and Markets Authority (CMA)
Welcome to Banking Bites! This is our short summary flagging some key developments in your sector that we hope will inform your activities in your market....more
11/10/2022
/ Anti-Fraud Provisions ,
Anti-Money Laundering ,
Banking Sector ,
Business Interruption ,
Commercial Court ,
Coronavirus/COVID-19 ,
Cryptoassets ,
Disparate Impact ,
Economic Sanctions ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Financial Stability Board ,
Fraud ,
Greenwashing ,
Imports ,
Liquid Natural Gas ,
NYDFS ,
Russia ,
Trade Restrictions ,
UK ,
UK Parliament ,
Ukraine
Following on from its first annual report on the National Security and Investment Act (“NSIA”) in June 2022 ), on 19 July 2022 the UK’s Department for Business, Energy & Industrial Strategy (“BEIS”) published its first set of...more
7/26/2022
/ Acquisitions ,
Annual Reports ,
BEIS ,
Insolvency ,
National Security ,
New Guidance ,
Notice Requirements ,
Reorganizations ,
Shareholders ,
Transfer of Control ,
UK
On 16 June 2022, the UK’s Department for Business, Energy & Industrial Strategy (“BEIS”) published its first annual report into the performance of the National Security and Investment Act (“NSIA”) regime. The report - which...more
The European Commission (“EC”) is consulting on new rules for collaborations between competitors by inviting comments on two draft Horizontal Block Exemption Regulations on Specialisation and R&D (“HBERs”) and accompanying...more
November has seen a number of developments in preparation for full implementation on 4 January 2022 of the UK’s new investment screening regime, the National Security & Investment Act. The Government has updated and...more
The UK Government on 20 July 2021 published further details on the UK’s new investment screening regime, the National Security & Investment Act - confirming that mandatory filings and pre-completion approvals will be required...more
Welcome to this first edition of BCLP’S Competition Collective: Antitrust, Foreign Investment and Trade Insights from around the world. This period was marked by uncertainty – and the harsh realities of the pandemic for many...more
5/27/2021
/ Acquisitions ,
Antitrust Investigations ,
Antitrust Provisions ,
Biden Administration ,
Cartels ,
Competition ,
Competition Authorities ,
Coronavirus/COVID-19 ,
Digital Services ,
Enforcement Actions ,
EU ,
Health Care Providers ,
Healthcare Facilities ,
Merger Controls ,
Mergers ,
Sports ,
Technology Sector ,
Trade Agreements ,
UK ,
UK Brexit ,
UK Competition and Markets Authority (CMA)
The UK’s long-awaited National Security and Investment Act passed into law on 29 April 2021 when it received Royal Assent. Secondary legislation will follow and the regime is expected to be fully in force towards the end of...more
The Penrose Report to the UK Government recommending wholesale reform to the UK’s competition regime is a paean to the power of deregulation and increased competition to drive economic growth and beneficial consumer outcomes....more
The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more
The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more
On 11 November, the UK Government introduced to Parliament the long-awaited National Security and Investment Bill. The Bill, which is expected to be enacted in Spring 2021, is a transformative event for investors in UK...more
11/16/2020
/ Acquisitions ,
BEIS ,
Critical Infrastructure Sectors ,
EU ,
Foreign Investment ,
Merger Controls ,
Mergers ,
National Security ,
Notice Requirements ,
Proposed Legislation ,
Regulatory Agencies ,
Regulatory Oversight ,
UK ,
UK Competition and Markets Authority (CMA)
On 21 June 2020, the UK Government announced that it is introducing emergency legislation that will bolster its powers to scrutinise, and potentially block, foreign takeovers on new public interest grounds, namely:
..to...more
On 17 April, the Competition and Markets Authority provisionally cleared Amazon’s acquisition of a minority shareholding and certain other rights in Deliveroo. This provisional decision highlights how the so-called “exiting...more
4/23/2020
/ Amazon ,
Antitrust Provisions ,
Competition ,
Coronavirus/COVID-19 ,
Economic Downturn ,
Investigations ,
Merger Controls ,
Mergers ,
Popular ,
UK ,
UK Competition and Markets Authority (CMA)
The global COVID-19 pandemic is placing an unprecedented strain on healthcare systems around the world. At the same time, the knock on effects of the pandemic are hitting businesses and public authorities hard....more
On 13 March, the Chancellor announced during his Spring Statement that the Digital Competition Expert Panel (“the Panel”), led by Barack Obama’s former Chief Economist – Professor Furman, had published its Report reviewing...more