This newsletter is a summary of the antitrust developments we think are most interesting to your business. Louise Tolley, PSL Counsel based in London, is our editor this month (learn more about Louise in our Q&A feature at...more
3/29/2022
/ Antitrust Division ,
Antitrust Provisions ,
Competition ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
European Competition Network (ECN) ,
International Competition Network ,
Merger Controls ,
Mergers ,
Price-Fixing ,
UK Competition and Markets Authority (CMA)
In a significant move, Saudi Arabia’s General Authority for Competition has prohibited Delivery Hero’s planned acquisition of rival food delivery app The Chefz....more
The UK government has taken a further step in preparation for the commencement of the UK’s strengthened national security regime on 4 January 2022. ...more
The General Court has largely upheld the European Commission’s decision to fine Altice a record amount for breaching procedural merger control rules in relation to its acquisition of PT Portugal. The ruling will likely...more
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
Since the UK’s Competition and Markets Authority (CMA) published its Digital Markets Strategy in 2019 (see our alert on its 2019 priorities) it has completed many of the priority tasks it had assigned itself – including...more
Following Brexit, with some limited exceptions, the EU State aid rules no longer apply in the UK. The UK Government (the Government) has made clear that it intends to establish a new UK subsidy regime, with the UK-EU Trade...more
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
The European Commission (EC) has published its draft Digital Markets Act (DMA), which will introduce broad reforms to the application of EU competition law to ‘gatekeepers’ in the digital sector. The proposals set out...more
Under State aid rules, UK and EEA Member State governments may not generally provide selective assistance to businesses without prior approval from the European Commission (EC). This includes assistance in the form of...more
Merger review processes are being impacted worldwide as merger control authorities adapt to take account of the consequences of Covid 19. While critical transactions are likely to be reviewed, as far as possible, in...more
The table below sets out an overview, based on our current awareness of the position as regards foreign investment control, of the different approaches being taken by authorities around the world in response to the Covid-19...more
Adverse economic or social conditions have not historically tended to affect the general application and enforcement of antitrust rules. This remains the overall position in the circumstances of Covid-19, with many antitrust...more
On 8 December 2020, the UK Digital Markets Taskforce published its recommendations to the UK Government on the possible design and implementation of a new regulatory regime to govern the behaviour of digital firms with market...more
The table below sets out an overview, based on our current awareness of the position as regards foreign investment control, of the different approaches being taken by authorities around the world in response to the Covid-19...more
Adverse economic or social conditions have not historically tended to affect the general application and enforcement of antitrust rules. This remains the overall position in the circumstances of Covid-19, with many antitrust...more
Under State aid rules, UK and EEA Member State governments may not generally provide selective assistance to businesses without prior approval from the European Commission (EC). This includes assistance in the form of...more
Merger review processes are being impacted worldwide as merger control authorities adapt to take account of the consequences of Covid-19 coronavirus. While critical transactions are likely to be reviewed, as far as possible,...more
UK Digital Markets Unit to start operations in April as Government takes forward CMA’s calls for new regulatory regime for online platforms....more
Merger review processes are being impacted worldwide as merger control authorities adapt to take account of the consequences of Covid-19. While critical transactions are likely to be reviewed, as far as possible, in...more
11/13/2020
/ Competition ,
Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Department of Justice (DOJ) ,
Federal Trade Commission (FTC) ,
Foreign Acquisitions ,
Foreign Investment ,
Infectious Diseases ,
Jurisdiction ,
Merger Controls ,
Regulatory Standards
The table below sets out an overview, based on our current awareness of the position as regards foreign investment control, of the different approaches being taken by authorities around the world in response to the Covid-19...more
Under State aid rules, UK and EEA Member State governments may not generally provide selective assistance to businesses without prior approval from the European Commission (EC). This includes assistance in the form of...more
11/13/2020
/ Agribusiness ,
Airlines ,
Competition ,
Coronavirus/COVID-19 ,
EU ,
European Commission ,
Infectious Diseases ,
Relief Measures ,
Restaurant Industry ,
Small and Medium-Sized Enterprises (SMEs) ,
State Aid
Adverse economic or social conditions have not historically tended to affect the general application and enforcement of antitrust rules. This remains the overall position in the circumstances of Covid-19, with many antitrust...more
On 11 November 2020 the UK Government published its groundbreaking National Security and Investment Bill (Bill). The Bill will drastically expand the Government’s powers to scrutinise investment on national security grounds,...more
11/12/2020
/ Corporate Sales Transactions ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Foreign Investment ,
Investment ,
Investment Funds ,
Legislative Agendas ,
National Security ,
Private Equity ,
Regulatory Reform ,
UK
UK merger control policy and practice has evolved significantly in recent years.
The Competition and Markets Authority (CMA), gaining a reputation as one of the toughest merger control enforcers in the world, has been at...more