News & Analysis as of

UK Competition and Markets Authority (CMA) Regulatory Agenda United Kingdom

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

A&O Shearman

Antitrust in focus - April 2024

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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

A&O Shearman

New U.K. digital markets regime

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The Digital Markets, Competition and Consumers Act 2024 will introduce groundbreaking new rules to regulate digital markets in the U.K. It aims to boost competition by controlling the conduct of the largest digital firms,...more

A&O Shearman

U.K. consumer enforcement overhaul

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The Digital Markets, Competition and Consumers Act 2024 will result in a landmark overhaul of the U.K. consumer protection regime. It will dramatically increase the Competition and Markets Authority (CMA's) enforcement powers...more

A&O Shearman

U.K. finalizes new consumer antitrust and digital markets regime

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The Digital Markets, Competition and Consumers Act 2024 has finally been enacted. It introduces significant changes to U.K. merger control and antitrust rules, establishes a new consumer protection regime and introduces a...more

Paul Hastings LLP

A “special merger control regime” for Energy Network Enterprises

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What has changed? The Energy Act 2023 introduces a new UK merger control regime under which all mergers between energy network companies active in the UK can be assessed for their impact on Ofgem’s ability to make comparisons...more

A&O Shearman

Antitrust in focus March 2024

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This newsletter is a summary of the antitrust developments we think are most interesting to your business. Thomas Masterman, partner based in London, is our editor this month. He has selected: Out now: our latest global...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU and UK Merger Regulators Look Beyond Horizontal and Vertical, With Digital ‘Ecosystems’ a New Focus

Key Points - - EU competition regulators are increasingly considering “ecosystems” of products and services in their analysis of the competitive impact of mergers — a framework that often does not fit with the historical...more

Akin Gump Strauss Hauer & Feld LLP

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

A&O Shearman

Antitrust and information exchange: a new framework for analysis in the EU and UK

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The European Commission (EC) and the UK Competition and Markets Authority (CMA) have published new guidance on the assessment of cooperation between competitors. For the EU, this is contained in revised Guidelines on...more

TransPerfect Legal

Digital Tough Love

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In the run-up to the TLS in-person event (The Future of EU & UK Competition Regulation), there was heightened chatter about the long-anticipated yet unreleased Digital Markets, Competition, and Consumers (DMCC) Bill. A mere...more

Hogan Lovells

UK’s Digital Markets Unit: referee has been appointed, now is your chance to help write rules of the game

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The UK Government has launched the much anticipated Digital Markets Unit (DMU) as a first step towards an “unashamedly pro-competition" regime focused on the position of “tech giants”.  ...more

Hogan Lovells

Financial institutions general regulatory news, March 2021 # 5

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CMA 2021/22 annual plan - The Competition and Markets Authority (CMA) has published its annual plan for 2021/22. In 2021/22, the CMA will focus on the following themes...more

Morgan Lewis - Tech & Sourcing

Digital Platforms: UK Digital Regulation Cooperation Forum to Include Financial Conduct Authority

The United Kingdom’s Digital Regulation Cooperation Forum (DRCF) on March 10 announced in its 2021–2022 workplan that the UK Financial Conduct Authority (FCA) will join as a full member from April 1, 2021....more

Hogan Lovells

Consumer finance regulatory news, February 2021 # 3

Hogan Lovells on

Payday Lending Market Investigation Order 2015: CMA summary of borrowing template - The Competition and Markets Authority (CMA) has published a template of a summary of borrowing statement, to be used by lenders to comply...more

A&O Shearman

UK merger control: draft revised guidance indicates CMA’s tough approach set to continue

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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

Latham & Watkins LLP

A Path Forward for Open Banking

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As third-party access to consumer financial data expands, regulators balance innovation, customer choice, and data protection. Consumers’ rights to access and use their personal financial information has been a key focus of...more

Latham & Watkins LLP

HM Treasury Responds to the Call for Evidence on Regulatory Coordination

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Financial Services Regulatory Initiatives Forum and the Regulatory Initiatives Grid to be introduced this summer. On 11 March 2020, HM Treasury published its response to the Call for Evidence on Regulatory Coordination....more

BCLP

Possible Wider UK Powers to Block Foreign Acquisitions

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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

Financial Conduct Authority probes competition in the mortgage sector

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On 12th December 2016 the Financial Conduct Authority (the “FCA”) launched a market study into the residential mortgage market to ascertain whether competition in that market is working as well as it could and to identify...more

BCLP

EU & Competition Law Update

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New EU rules for online selling taking shape - The recent Communication from the European Commission on cross-border e-commerce is likely to have a significant impact on online trading within the European market. ...more

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