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National Security UK Competition and Markets Authority (CMA)

McGuireWoods LLP

European Competition Law Newsletter – April 2025

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UK CMA Imposes Fines for Information Exchanges Affecting Labour Markets - On 21 March 2025, the UK Competition and Markets Authority (CMA) announced fines on four UK broadcast and production companies for engaging in...more

McGuireWoods LLP

European Competition Law Newsletter – March 2025

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UK CMA Fines Banks for Exchange of Commercially Sensitive Information Via Chats - On 21 February 2025, the UK Competition and Markets Authority (CMA) announced fines on four banks for infringing UK competition law by...more

A&O Shearman

Global M&A Insights Q4 2024

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Welcome to the latest edition of M&A Insights, where we bring together partners from across the A&O Shearman network to explore the themes shaping global dealmaking. The election of Donald Trump as President is expected to...more

A&O Shearman

Global M&A Insights Q4 2024 - introduction

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In our biannual M&A trends report we explore the possible impact of the new U.S. administration on dealmaking, the dynamics of transatlantic M&A, private equity exits, and Mario Draghi’s proposals to reshape the European...more

McGuireWoods LLP

European Competition Law Newsletter – February 2024

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UK FDI Regime Applied to Relationship Agreement Between Vodafone and Etisalat - The part of the UK foreign direct investment (FDI) regime dealing with national security issues, contained in the UK National Security and...more

McDermott Will & Emery

[Event] 2024 McDermott International Seminar in Japan - January 17th, Tokyo, Japan

マクダーモット・インターナショナル・セミナーは、おかげさまで皆様よりご好評をいただき、11回目となるセミナーを東京で開催することが決定いたしました。 ...more

Hogan Lovells

Knowing me, knowing MoU: UK Government reaches agreement on parliamentary scrutiny of NSI regime

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The highly anticipated Memorandum of Understanding on scrutiny of the Investment Security Unit (“ISU”) between the Business, Energy and Industrial Strategy Committee (“BEIS Committee”) and the ISU (the “MoU”) agreed on 14...more

McDermott Will & Emery

Antitrust M&A Snapshot - Q2 2022

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APRIL – JUNE 2022: KEY THEMES AND TAKEAWAYS - UNITED STATES - • An Overview of Agency Merger Challenges from January 2021 through June 2022 Parties continue to be cautious in litigating challenged transactions. Since...more

BCLP

National Security and Investment Act 2021 - UK Government Publishes Its First Annual Report

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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

Cooley LLP

UK Publishes First Annual Report on the National Security and Investment Regime

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On June 16, 2022, the UK government published its first annual report on the operation of the UK’s National Security and Investment (NSI) regime, covering the first three months since the regime came into force on January 4,...more

Morrison & Foerster LLP

The UK’s New National Security Regime – the First Three Months

It has now been just over six months since the UK’s national security regime came into effect under the National Security and Investment Act 2021 (NSIA), enabling the UK Government to review and intervene in a variety of...more

Morrison & Foerster LLP

Several UK Government National Security Interventions Confirm Heightened Deal Risk for UK Investments

Last week saw the first publicly disclosed uses by the UK Government of its new and expansive powers to investigate deals on national security grounds under the National Security and Investment Act (“NSIA”), which came into...more

Morgan Lewis

FDI Screening Alert: Challenges for Sensitive Technology Deals in Germany and United Kingdom

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Two major transactions have recently faced headwinds in Germany and the United Kingdom, jurisdictions traditionally perceived as investor friendly. Specifically, Taiwanese-based investor GlobalWafers Co. Ltd. failed to obtain...more

Morgan Lewis

UK CMA Publishes Updated Merger Guidance Following Commencement of NSI Act

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The UK Competition and Markets Authority updated its guidance on the merger control regime in the United Kingdom on 4 January 2022—the same day the National Security and Investment Act 2021 came into effect. The updated...more

White & Case LLP

Private equity firms hunt for value in public markets

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Take private activity reached a decade high in the first half of 2021, fueled by large sums of dry powder and heated competition for assets - The takeover of supermarket chain Morrison's, the fourth-largest in the UK, has...more

Morrison & Foerster LLP

The UK’s National Security And Investment Act To Commence In January 2022

This alert considers the recent updates and guidance published by the UK’s Department for Business, Energy and Industrial Strategy (BEIS) regarding the UK’s National Security and Investment Act 2021 (the “Act”). These...more

K2 Integrity

The United Kingdom, Germany, and Canada Unveil Updates to Investment Screening Regimes

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The United Kingdom, Canada, and Germany have unveiled updates to their foreign investment screening regimes to improve each country’s ability to address foreign investments involving critical technology. These updates will...more

Cooley LLP

Alert - The Countdown Is On: UK National Security and Investment Act to Come Fully Into Force on January 4, 2022

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On July 20, 2021, the UK government announced that the National Security and Investment Act 2021 (NSI Act) will come fully into force on January 4, 2022. From that date, certain investments or acquisitions of qualifying...more

Morrison & Foerster LLP

Quarterly Cartel Catch-Up: Recent Developments In Criminal Antitrust For Busy Corporate Counsel – 1st Quarter 2021

A new year, a new administration in the United States, and new cartel enforcement leadership in the United Kingdom have begun. In the United States, first-of-their-kind criminal charges have been brought involving labor and...more

Skadden, Arps, Slate, Meagher & Flom LLP

2021 Insights: Brexit

UK Follows Global Trend To Enhance National Security Protections - The U.K. is the latest G-8 nation to propose enhanced protections against certain types of foreign direct investment. A proposed law before Parliament...more

Morrison & Foerster LLP

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

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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

BCLP

Highly impactful - UK National Security & Investment Bill introduces mandatory Government review of a wide range of transactions

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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

Faegre Drinker Biddle & Reath LLP

Foreign Investment in the U.K.: A Proposed New Framework for Increased Scrutiny

What is the national and business context? The U.K. has historically adopted a relatively liberal approach to foreign investment and remains one of the top recipients of foreign investment in the world. In contrast to its...more

Skadden, Arps, Slate, Meagher & Flom LLP

Europe and the UK Race To Protect Businesses Impacted by the Coronavirus Pandemic: Foreign Investment, State Aid and Antitrust...

State measures to combat the spread of COVID-19 have brought many countries across Europe to a standstill. While health care systems struggle to respond, the pandemic has also provided “a major shock for our economies.”1...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

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