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Updates to the UK National Security and Investment Act

Key Points - Following our Alert last month addressing the United Kingdom Government’s intentions to improve the workings of the National Security and Investment Act 2021 (NSIA), the U.K. Government has now published two new...more

Updates to the UK National Security and Investment Act in These Dangerous and Uncertain Times

Key Points - On Thursday, the UK government announced its intention to improve the workings of the NSIA, “ in these dangerous and uncertain times [when] our economy is increasingly the target for our adversaries.” In November...more

Three New UK Laws Impacting Autonomous Vehicles, Digital Markets and Personal Data

On 7 November 2023, in the King’s Speech, the UK government announced three draft laws aimed at supporting tech companies’ growth and competitiveness: the Automated Vehicles Bill (AV Bill), the Digital Markets, Competition...more

Digital Lords Committee Hears Evidence From Artificial Intelligence (AI) Firms and Regulators

On 21 November 2023, as part of its inquiry into large language models (LLMs), the UK’s Communications and Digital Lords Committee considered the role of regulators and emerging trends regarding LLMs, including evidence from...more

UK CMA Publishes Thoughtful Report on AI Foundation Models

On 18 September 2023, following its initial review of artificial intelligence (AI) foundation models (FMs), the UK Competition and Markets Authority (CMA) published its eagerly awaited report (the “Report”).The Report has...more

EU Foreign Subsidies Regulation: What You Need to Know in the Run-up to October 12

On 10 July 2023, the European Commission (EC) adopted its long awaited Foreign Subsidies Regulation (FSR) implementing rules (the “Implementing Regulation”). The Implementing Regulation lays down, inter alia, the timings and...more

‘Thread’-ing the Needle: ‘Gatekeepers’ and the DMA

On 6 July 2023 (or 5 July 2023 in the US), Meta launched ‘Threads’—a text-based social media platform that is linked to users’ Instagram accounts. The launch of Threads closely followed the announcement by the European...more

Big Tech’s Growing Regulatory Burden in Europe—Failing to Prepare Is Preparing to Fail

On 25 April 2023, the same day on which the European Commission (EC) adopted its first designation decisions under its Digital Services Act (DSA), the United Kingdom (UK) Parliament published its long-awaited Digital Markets,...more

Five Trends Shaping Payments M&A

The last 12 months have seen dramatic falls in fintech and payments valuations, but with the payments sector now a core part of the financial services ecosystem, strategic imperatives will continue to drive deals despite...more

The UK’s New Subsidy Regime: Not a Return to the 1970s and the Government Picking Winners?

The UK government introduced into Parliament a wholesale change to its State aid rules under the new Subsidy Control Bill on 30 June 2021 (the “Bill”). The regime, which is set to come into effect in H1 2022, subject to...more

Germany Further Tightens Rules on Foreign Direct Investment

Key Points - On April 27, 2021, the German government adopted the 17th Regulation for the Amendment of the German Foreign Trade Regulation (Außenwirtschaftsverordnung (AWV)). The regulation, which came into force on May...more

Nvidia/Mellanox: China’s Close Scrutiny of Semiconductor Deals Continues

- On April 16, 2020, the Chinese competition authority finally announced its conditional approval of Nvidia’s $6.9 billion acquisition of Mellanox. - The Chinese SAMR approved the acquisition after a yearlong investigation...more

CMA Provisionally Clears Amazon’s Investment in Deliveroo Due to COVID-19 Impact

- On April 17, 2020, the CMA provisionally cleared Amazon’s investment in Deliveroo in light of the deterioration in Deliveroo’s financial position caused by COVID-19. - The CMA has provisionally concluded that...more

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