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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

Furman report on unlocking digital competition

On 13 March the UK Government published a report by an expert panel established by the Chancellor and led by Harvard economist and former White House economic adviser, Jason Furman, on reforms to competition rules and...more

Proposed reform of CMA’s remit: mandatory notification of larger mergers, consumer law and enhanced CMA toolkit

On 25 February the Competition and Markets Authority (CMA) published its preliminary proposals for legislative and institutional reforms to competition and consumer protection law and policy. The proposals if implemented have...more

The FCA's final ban on right of first refusal/right to act provisions: will it affect corporate lending and acquisition finance...

On 27 June, the UK Financial Conduct Authority (FCA) published a policy statement setting out the final form of its proposed ban on right of first refusal and right to act provisions relating to the supply of certain future...more

Brexit – Legal Consequences For Commercial Parties: Gaining Or Losing The Competitive Edge? Implications For Competition Law...

Now that the UK is on the path to an “in-out” referendum on 23 June, this paper looks at the impact of a Brexit on competition policy and enforcement in the UK, and generally in the European Union (“EU”). EU competition...more

Cybersecurity And Risk Management - Our View

The challenge and risks - The topic of cybersecurity is seldom out of the press these days, occupying the minds of business leaders and politicians alike. From a business perspective, the ideal outcome would be to...more

EU Directive On Cybersecurity Agreed

On 18 December 2015, the agreed text of the Network and Information Security Directive (the NIS Directive) was released. With cybersecurity firmly established as a key business risk, the introduction of specific laws in this...more

CJEU Ruling In Huawei/ZTE Leaves The Door Open To Injunctive Relief In SEP Litigation

The Court of Justice of the European Union (CJEU) today handed down its much-awaited decision in the Huawei v. ZTE dispute, in which it was asked to clarify whether and when standard essential patent (SEP) owners may seek and...more

Commission publishes Private Antitrust Damages Directive

On 5 December 2014 the Commission’s Directive on rules governing actions for damages for infringements of competition law (the Damages Directive) was published. Member States will now have two years plus twenty days (until...more

Global antitrust enforcement - 2014 mid-year report

Antitrust authorities on the offensive – the insatiable appetite of mature regimes for ever-increasing fines continues unabated, with the U.S., EU, Brazil, South Korea, Japan and Australia on pace to surpass their 2013...more

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