News & Analysis as of

Enterprise Act 2002 UK Competition and Markets Authority (CMA)

Latham & Watkins LLP

A New Era for Consumer Protection: The Digital Markets, Competition and Consumers Act

Latham & Watkins LLP on

An overhaul of the UK consumer law landscape is on the horizon, with the consumer law provisions of the Digital Markets, Competition and Consumers Act 2024 set to take effect on 6 April 2025....more

Morrison & Foerster LLP

Foreign Direct Investment: UK Government Publishes National Security & Investment Bill

Morrison & Foerster LLP on

On 11 November 2020, the UK Government (the “Government”) published the draft National Security and Investment Bill (the “Bill”), heralding the dawn of a new era through the proposed introduction of the UK’s first standalone...more

Orrick - Antitrust Watch

The Implications Of Brexit On The Competition Law Landscape: Key Takeaways From The CMA’s ‘Guidance On The Functions Of The CMA...

The UK will no longer be a Member State of the European Union (the “EU”) as of 11 p.m. on 31 January 2020 (“Exit Day”). A ‘transition period’ will run from Exit Day until 11 p.m. on 31 December 2020 (the “Transition Period”)....more

Skadden, Arps, Slate, Meagher & Flom LLP

Conservative Party Win Paves Way for Reforms to UK National Security Reviews

The Conservative Party’s conclusive win in the U.K.’s recent general election paves the way for long-anticipated and decisive reforms to the country’s national security screening regime. The government first outlined its...more

White & Case LLP

Foreign direct investment reviews 2019: A global perspective - United Kingdom

White & Case LLP on

National security interventions have largely been confined to defense-related transactions - Since mid-2018, there have been a number of important changes (actual and proposed) to legislation permitting intervention by...more

BCLP

Office Fit-Out Firms Subject to Substantial Fines For Covering Pricing Practices And Company Directors Disqualified

BCLP on

Following settlement negotiations with the parties concerned the Competition and Markets Authority (CMA) published on 31st May 2019  a non-confidential version of its decision in which it found six office fit-out firms had...more

BCLP

Electro Rent appeals first ever CMA fine for gun jumping.

BCLP on

An appeal has been launched against the UK competition regulator, the Competition and Markets Authority’s (CMA) first decision fining a party for gun jumping. On 20 July 2018, the Competition Appeal Tribunal (CAT)...more

Latham & Watkins LLP

UK Adopts New Powers To Investigate Smaller Transactions Raising National Security Concerns

Latham & Watkins LLP on

The expansion of the UK government’s foreign investment review powers will require additional scrutiny of potential deals for the early identification of additional steps in the regulatory approval strategy. Key Points: ...more

BCLP

Greater National Security Scrutiny At The Heart Of New UK Merger Control Reforms

BCLP on

This week the UK Government enacted two new orders which change the UK merger control thresholds under the Enterprise Act 2002. The legislation extends the jurisdiction of the Competition & Markets Authority (“CMA”) and the...more

Orrick, Herrington & Sutcliffe LLP

CMA Launches Consultation Concerning Changes To Its Jurisdiction Over M&A In The Tech Sector

The UK government considers that transactions in the following sectors can raise national security concerns: 1. quantum technology; 2. computing hardware; and 3. the development or production of items for military...more

Latham & Watkins LLP

CMA Imposes Fixed Penalty on Hungryhouse for Failure to Comply With Information Request

Latham & Watkins LLP on

The Competition & Markets Authority (CMA) has imposed a £20,000 fixed penalty on Hungryhouse Holdings Limited (Hungryhouse). The CMA imposed the penalty under Section 110 of the Enterprise Act 2002 (EA02) for failure to...more

Jones Day

UK Government to Reform M&A Rules to Protect National Security

Jones Day on

The Situation: The UK government is introducing new protectionist measures concerning acquisitions of businesses operating in the United Kingdom. The Impact: The government intends to expand the scope of acquisition...more

A&O Shearman

UK mergers regime - Government prioritising national security

A&O Shearman on

On 17 October 2017 the UK Government published a Green Paper heralding reform of national security and infrastructure investment review in the UK (the Green Paper). Specifically, the Government is seeking to strengthen...more

McDermott Will & Emery

UK National Security and Infrastructure Investment Review: Change Is Coming

McDermott Will & Emery on

The UK government recently published proposed reforms designed to strengthen its powers to investigate national security implications for investments in certain types of UK assets and industries. These proposals may have...more

BCLP

Possible Wider UK Powers to Block Foreign Acquisitions

BCLP on

Recent developments show the UK Government’s desire to expand their powers to block foreign takeovers. We explore the nature and scope of the proposed legislation and assess its likely consequences....more

BCLP

CMA Orders Greater Transparency Over Car Rental Prices

BCLP on

Car rental sales in the United Kingdom amount to an estimated £1.2 billion industry. However attempting to rent a car normally means surfing through various price comparison websites in search of a easily understandable and...more

Bryan Cave Leighton Paisner

Buying a liquidated company’s assets? – Be wary of UK Merger Control

On the 16 December 2015, the Supreme Court overturned a decision of the Court of Appeal and held that the Competition and Markets Authority (CMA) had the power to subject the acquisition of the former SeaFrance Dover-Calais...more

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