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Antitrust in focus - March 2023

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Philip Mansfield, partner and co-head of Allen & Overy's global antitrust group, is our editor this month. He has...more

Global antitrust enforcement report - March 2023

2022 saw a mixed picture in terms of antitrust enforcement across the globe. For the jurisdictions surveyed in our report, global fine totals were down significantly from 2021 (USD3.5bn, compared to USD11.3bn), with the U.S.,...more

Environmental sustainability agreements: UK guidance to cooperating competitors

Nearly a year after the UK Competition and Markets Authority (CMA) announced its Sustainability Taskforce, it has issued for consultation draft guidance to show how businesses can pursue green cooperation without fear of...more

Government confirms intended changes to UK consumer policy

On 10 May 2022, the UK Government announced that it intends to legislate on measures to promote competition, strengthen consumer rights and protect households and businesses as part of its Digital Markets, Competition and...more

New UK pro-competition digital markets regime confirmed by Government

UK competition rules are facing unprecedented levels of change. Last month we reported on the UK Government’s intentions for broad reforms to the competition and consumer law regimes. Now, the Government has set out the...more

UK Government confirms reforms to competition and consumer laws

Following a consultation in summer 2021, which set out a suite of wide-ranging proposals for reforms to UK competition and consumer laws, the UK Government has now confirmed the changes that it plans to take forward. ...more

CMA consults on draft guidelines on vertical agreements

The UK Competition and Markets Authority (CMA) has published for consultation its much-anticipated draft guidance on vertical agreements (Draft Guidance). ...more

Conditional rebates under antitrust law: EU courts’ Intel rulings confirm effects-based approach

After 13 years before the EU courts, on 26 January 2022 the General Court (GC) partially annulled the European Commission’s decision finding that Intel abused its dominant position by excluding its main rival from a computer...more

Major reforms proposed for UK competition and consumer regimes, including digital

In a move aimed at driving growth and delivering competitive markets that work for consumers, the UK government has published two consultations on proposals for reform of the UK competition and consumer rules. ...more

How should antitrust authorities investigate deals that threaten potential competition?

This is a focus for antitrust regulators across the globe, which is playing out most publicly in the context of acquisitions and business practices, in particular in the digital sector, that threaten nascent competitors and...more

Court confirms long reach of UK merger control jurisdiction

On 21 May 2021, the UK's specialist competition court, the Competition Appeal Tribunal (CAT) gave judgment dismissing Sabre Corporation (Sabre)'s challenge to the Competition and Markets Authority (CMA)'s decision to prohibit...more

Global trends in antitrust enforcement

Perhaps not unexpectedly given the impact of Covid-19, 2020 saw a mixed picture in terms of fines for antitrust enforcement across the globe. France led the way, imposing total fines of USD2 billion, far ahead of the European...more

Penrose review of competition policy

The UK Government commissioned John Penrose MP to undertake an independent review of UK competition policy last September. Penrose was specifically tasked with looking at potential reforms to the UK’s competition regime in...more

Antitrust in focus - January 2021

This newsletter is a summary of the antitrust developments we think are most interesting to your business....more

Antitrust and Brexit – where do we stand? (UPDATED)

The end of the Brexit transition period at 11pm on 31 December 2020 gives rise to significant changes to the application of antitrust and merger control rules in the UK. ...more

Consortia for digital innovation: building new business models

In today’s digital economy, rather than doing it alone, many organisations are finding that collaboration is a faster route to driving innovation or building new business models. ...more

UK merger control: CMA sets out its approach to assessing mergers in an increasingly dynamic and digital world

Hot on the heels of the publication of draft merger guidelines on procedure, the UK Competition and Markets Authority (CMA) has released proposed revised draft guidelines on its substantive competition assessment of...more

Antitrust in focus - February 2020

This newsletter is our take on the antitrust developments we think are most interesting to your business. Philip Mansfield, partner based in London, is our editor this month....more

Antitrust and Brexit – where do we stand?

The UK has well-established domestic antitrust and merger control regimes, enforced by the Competition and Markets Authority (CMA). As an EU Member State, however, where a deal met EU merger control thresholds the CMA – in...more

European Commission imposes interim measures for first time in nearly two decades

The European Commission (Commission) has the power to order companies suspected of engaging in anti-competitive behaviour to stop their conduct pending a final decision in an investigation – so-called “interim measures”....more

CMA launches digital markets strategy and market study into online platforms and digital advertising

The UK Competition and Markets Authority (CMA) has published a document setting out its digital markets strategy and, in parallel, has launched a market study into online platforms and digital advertising. These developments...more

European Commission seeks to impose interim measures for first time in nearly two decades

The European Commission (Commission) has the power to order companies suspected of engaging in anti-competitive behaviour to stop their conduct pending a final decision in an investigation – so-called “interim measures”. The...more

UK report on digital market merger control decisions

On 3 June the UK Competition and Markets Authority (CMA) published an independent report it had commissioned by Lear (an economics consultancy) aimed at evaluating past merger decisions in the digital sector taken by the...more

EC Report: EU loan syndication and its impact on competition in credit markets

On 5 April 2019, the European Commission (EC) published its report on the EU syndicated lending sector, “EU loan syndication and its impact on competition in credit markets” (the Report). The Report has now been anticipated...more

The future of competition enforcement in the UK

The Senior Director for Antitrust Enforcement of the Competition and Markets Authority, Ann Pope, gave a speech in late 2018 on its competition enforcement work to date and what lies ahead. Ms Pope discussed the increase in...more

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