News & Analysis as of

UK Competition and Markets Authority (CMA)

Goodwin

Reliance on Third-Party “Pricing” Facilitators Under Increasing Antitrust Scrutiny

Goodwin on

In the past year, healthcare systems and providers across the country have filed a series of antitrust lawsuits against MultiPlan Inc. and major US health insurers, alleging a hub-and-spoke conspiracy to fix and reduce...more

BCLP

Incentivising Whistleblowers: What Does the Future Hold in the UK and the US for Whistleblower Protection and Incentivisation?

BCLP on

In the UK, it has not historically been part of the fabric of our legal and regulatory system to pay whistleblowers who provide evidence to authorities who are investigating potential breaches of law or regulation....more

A&O Shearman

UK Payment Systems Regulator Publishes Response to Call for Views on Expanding Variable Recurring Payments

A&O Shearman on

The U.K. Payment Systems Regulator has published a response to its call for views on proposals for the expansion of variable recurring payments. VRPs allow customers to safely connect authorised payment providers to their...more

Wilson Sonsini Goodrich & Rosati

European Antitrust Bimonthly Bulletin – July/August 2024

The "European Antitrust Bimonthly Bulletin” breaks down the major antitrust developments in Europe during the past two months into concise and actionable takeaways. ...more

McGuireWoods LLP

European Competition Law Newsletter – September 2024

McGuireWoods LLP on

European Commission Provides Guidance on Foreign Subsidies Regulation - Under the EU Foreign Subsidies Regulation (FSR), the European Commission (EC) has the power to investigate financial contributions granted by non-EU...more

Foley & Lardner LLP

A Look at the Evolving Scope of Transatlantic AI Regulations

Foley & Lardner LLP on

There have been significant changes to the regulations surrounding artificial intelligence (AI) on a global scale. New measures from governments worldwide are coming online, including the United States (U.S.) government’s...more

McDermott Will & Emery

The Vifor Case: Disparagement Reloaded?

McDermott Will & Emery on

On July 22, 2024, the European Commission (EC) accepted commitments proposed by Vifor Pharmaceuticals to address disparagement concerns under Article 102 TFEU. This is the EC’s first pure disparagement case and its second...more

McGuireWoods LLP

DMCC Act Will Significantly Impact U.K. Consumer Protection Enforcement

McGuireWoods LLP on

The U.K. Digital Markets, Competition and Consumers Act 2024 (DMCC Act), which became law on May 24, 2024, and will enter into force later in the year, introduces the most significant changes to U.K. competition and consumer...more

WilmerHale

Rewarding Whistleblowers Will Only be Effective as Part of a Wider Package of Reforms

WilmerHale on

Serious Fraud Office (SFO) Director Nick Ephgrave has consistently touted the benefits of offering financial rewards to whistleblowers. With the FCA also considering its position on financial incentivisation, and a supportive...more

White & Case LLP

Merger reform exposure draft proposes broad competition law reform

White & Case LLP on

On July 24 2024, the Australian Federal Government released its long-awaited exposure draft legislation to amend Australia's current informal merger clearance process to a mandatory merger control regime (Exposure Draft)...more

Morgan Lewis

UK Financial Conduct Authority Adopts New Anti-Greenwashing Rule and Guidance

Morgan Lewis on

The UK Financial Conduct Authority (FCA) recently adopted a new anti-greenwashing rule, alongside supplemental guidance, requiring that financial service businesses regulated by the FCA ensure that any sustainability claims...more

Mintz - Antitrust Viewpoints

Top Competition Enforcers in the US, EU, and UK Release Joint Statement on AI Competition – AI: The Washington Report

On July 23, 2024, the leading competition enforcers in the US, EU, and UK released a Joint Statement on Competition in Generative AI Foundation Models and AI products. The statement outlines risks to competition that are...more

Morgan Lewis

Global Regulators Issue Joint Statement on Competition in the Generative AI Sector

Morgan Lewis on

The European Commission, UK Competition and Markets Authority, US Department of Justice, and US Federal Trade Commission have issued for the first time a joint statement outlining their commitment to working together to...more

McDermott Will & Emery

Antitrust M&A Snapshot | Q2 2024

McDermott Will & Emery on

UNITED STATES - - Agencies Revisiting Consummated Mergers - What’s old is new again, as agencies are increasingly scrutinizing consummated mergers from years past. In May 2024, the US Department of Justice (DOJ), Antitrust...more

Wilson Sonsini Goodrich & Rosati

U.S., EU, and UK Competition Authorities Release a Joint Statement Highlighting Competition Risks in Generative AI and Other AI...

Competition authorities in the United States, the European Union, and the United Kingdom released a joint statement on competition in generative AI and other AI products, continuing the drumbeat that policymakers need to...more

WilmerHale

UK, EU, and US release joint statement on competition in generative AI foundation models and AI products

WilmerHale on

On July 23, the European Commission, US Department of Justice, US Federal Trade Commission, and UK Competition and Markets Authority released a joint statement setting out shared principles on competition in markets that...more

Eversheds Sutherland (US) LLP

EU, US and UK Competition Authorities issue joint statement on AI

On 23 July 2024, the European Commission, the UK’s Competition and Markets Authority, and the U.S. Department of Justice and Federal Trade Commission issued a joint statement setting out their commitment to work together to...more

Cooley LLP

Significantly Strengthening UK Consumer Protection Laws and Enforcement

Cooley LLP on

The Digital Markets, Competition and Consumers Act (DMCC) became law on 24 May 2024. This is the third update in our trilogy series on the DMCC. As we explained in our last update, the DMCC represents a major shift in UK...more

Faegre Drinker Biddle & Reath LLP

New UK Consumer Laws on Fake Reviews, Subscription Contracts and Drip Pricing: Impact on US Businesses

In May of this year, the UK Government passed the Digital Markets, Competition and Consumers Act (DMCC) into law. The DMCC is wide-ranging and covers three key areas: consumer law, digital markets, and merger and antitrust...more

Thomas Fox - Compliance Evangelist

The UK Election and Its Implications for Compliance Professionals

Last week saw the greatest wipeout in the recorded history of UK governments, which saw the Tories being swept from power and losing over 400 seats in Parliament. Labor took over with a commanding presence, securing around...more

WilmerHale

Amid Expected Political Change in the UK, the CMA Will Likely Maintain Course

WilmerHale on

Britons will vote in Parliamentary elections on July 4 for the first time since 2019. The governing Conservative Party is expected to lose its majority and cede power to the opposing Labour Party for the first time in 14...more

A&O Shearman

Antitrust in focus - April 2024

A&O Shearman on

Spotlight on below-threshold merger reviews: doubts over European Commission’s powers while in depth probes launched in Italy - Last month, we reported on the landmark Advocate General (AG) opinion in Illumina/GRAIL. The AG...more

Pillsbury - Internet & Social Media Law Blog

The UK Introduces Tougher Penalties for Consumer Protection Breaches

In May 2024 the UK passed the new Digital Markets, Competition and Consumers Act (DMCC). Amongst other changes, the DMCC grants the UK Competition and Markets Authority (CMA) new powers to directly impose fines of up to 10%...more

Cooley LLP

UK Competition and Markets Authority Receives Enhanced Merger Control and Enforcement Powers

Cooley LLP on

The Digital Markets, Competition and Consumers Act (DMCC), which became law on 24 May 2024, represents a major shift in UK digital, competition and consumer protection regulation....more

Cooley LLP

UK CMA Receives Enhanced Merger Control, Enforcement Powers Through Landmark Legislation

Cooley LLP on

Shortly before the UK Parliament was prorogued on 30 May 2024, the long-awaited Digital Markets, Competition and Consumers Act (DMCC) received Royal Assent on 24 May 2024....more

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