The UK’s Competition and Markets Authority (CMA) is taking significant steps to update its approach to merger control following both the coming into force of the Digital Markets, Competition and Consumers (DMCC) Act on 1...more
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
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
Following introduction into the UK Parliament in 2023, the long-awaited Digital Markets, Competition and Consumers Act (DMCC) received Royal Assent on 24 May 2024. The legislation passed as part of the parliamentary ‘wash-up’...more
On 18 April 2024, the UK government published the response to its call for evidence consultation on the functioning, scope and performance of the UK National Security and Investment (NSI) Act. Please refer to our November...more
Just shy of two years since the UK National Security and Investment (NSI) Act entered into force, on 13 November 2023, the UK government published a Call for Evidence on the functioning, scope and performance of the regime....more
On 11 July 2023, the UK government published its second annual report on the operation of the UK’s National Security and Investment (NSI) regime. The report covers the period from 1 April 2022 to 31 March 2023, making it the...more
The UK government recently published its second edition of Market Guidance Notes on the National Security and Investment (NSI) regime, which includes new additions and amendments to the previously published guidance of 19...more
We finally have sight of the long-awaited Digital Markets, Competition and Consumers Bill. Warning: It is a sizeable and ambitious piece of legislation, but the following is our summary take on the key competition and...more
More than 11 months have passed since the UK’s National Security and Investment Act 2021 (NSI Act) came into force, creating a stand-alone foreign direct investment review system in the UK for transactions in specified...more
On 8 August 2022, the UK’s Competition Appeal Tribunal (CAT) unanimously set aside a £17.9 million fine imposed on the Compare The Market website (CTM) by the Competition and Markets Authority (CMA). The CAT held that the CMA...more
On July 19, 2022, the UK government published its long-awaited Market Guidance Notes on the National Security and Investment (NSI) Act, based on an analysis of notifications received to date and feedback from stakeholders....more
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
On April 20, 2022, the UK government announced wide-ranging reforms to UK competition and consumer law policy, including significant threshold changes to the UK merger control regime. In particular, while the government aims...more
On January 4, 2022, the UK’s National Security and Investment Act 2021 (NSI Act) is set to come fully into force, with some provisions retroactively applying to November 2020. The NSI Act creates a stand-alone foreign direct...more
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
On 29 April 2021, the UK National Security and Investment Bill, which strengthens the UK government’s ability to investigate transactions on grounds of national security, was granted Royal Ascent. This marks the end of the...more
Since our last update in December, the UK and the EU have officially agreed on a Brexit deal. The agreement has brought with it a multitude of legislative changes across various areas of UK law. In support of understanding...more
2/11/2021
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Competition ,
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General Data Protection Regulation (GDPR) ,
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UK Competition and Markets Authority (CMA)
On 24 December 2020, the European Union and the UK Government reached an agreement on the terms of their future cooperation, known as the EU-UK Trade and Cooperation Agreement.
The Trade and Cooperation Agreement is a...more
On 31 January 2020, the UK left the European Union and entered a transition period that is due to end at 11:00 pm GMT on 31 December 2020. At this point, it is still uncertain whether a new EU/UK deal will be reached. To...more
12/4/2020
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Employer Liability Issues ,
EU ,
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European Economic Area (EEA) ,
Free Trade Agreements ,
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UK Competition and Markets Authority (CMA)
On November 27, the UK Government announced the introduction of a new regulatory regime for digital platforms to be overseen by a dedicated Digital Markets Unit from April 2021. This announcement comes following a market...more
On 11 November 2020, the UK Government published its long-awaited National Security and Investment Bill (NSI Bill). The NSI Bill introduces for the first time a new standalone regime for the screening of foreign investments...more
In the UK, there is currently no separate foreign direct investment (FDI) screening regime. Instead, the UK government can only intervene in limited circumstances where a transaction raises at least one of the following...more
On April 22, 2020, the UK Competition and Markets Authority published guidance on its approach to merger assessments during the COVID-19 pandemic. Overall, the CMA's approach remains unchanged: statutory deadlines remain in...more
All over the world, businesses are facing exceptional challenges, from disruptions to their supply chains to unprecedented rises in demand for certain products and services. To tackle these challenges, businesses may need to...more