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UK merger control to see faster reviews and clarified jurisdictional tests

The Competition and Markets Authority (CMA) has launched a consultation on proposed changes to its mergers guidance on jurisdiction and procedure (CMA2) and its mergers notice template....more

UK government emphasises CMA’s independence while steering it to support UK growth and investment

The UK government has issued the final version of its “strategic steer” to the Competition and Markets Authority (CMA), directing the authority to act in a way that prioritises growth and encourages investment in the...more

UK CMA Mergers Charter and behavioural remedies—statement of intent for merger reviews

Hot on the heels of the UK government’s February 2025 draft "strategic steer", the Competition and Markets Authority (CMA) has published a new Mergers Charter. The Charter details principles the CMA will apply when engaging...more

Foreign investment control regimes reach far and hit hard

Foreign investment (FDI) screening regimes continued to present challenges for dealmakers. We saw tough intervention in key jurisdictions. New and expanding rules added to regulatory burden. Overall, most deals are cleared...more

Strategic steer and CMA policy proposals: UK government consults on its steer to the CMA

Searching for ways to achieve its promised ‘growth’ and productivity ambitions, the UK government turned its gaze on the UK regulators around October last year, with the UK prime minister promising to “rip up the bureaucracy...more

Shifting sands? U.K. CMA to review approach to behavioral merger remedies

Chief executive of the U.K. Competition and Markets Authority (CMA), Sarah Cardell, has announced that the authority will launch a review of its approach to merger remedies in early 2025. Most notably, this will include a...more

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

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

EU FSR – the notification regime begins; what does it mean for infrastructure investors?

The EU is concerned about subsidies granted by non-EU countries to businesses active in the EU that could distort competition in EU markets. The Foreign Subsidies Regulation (FSR) establishes a new suspensory notification...more

EU FSR – the notification regime begins; what does it mean for private equity investors?

The EU is concerned about subsidies granted by non-EU countries to businesses active in the EU, that could distort competition in EU markets. The Foreign Subsidies Regulation (FSR) establishes a new regime, enforced by the...more

EU draft Foreign Subsidies implementing regulation sets out far-reaching notification requirements

On 6 February 2023, the European Commission (EC) launched a public consultation on a draft implementing regulation (IR) which sets out procedural rules relating to the EU Foreign Subsidies Regulation (FSR)....more

How are government national security probes affecting technology transactions across the world?

The tightening of controls on foreign direct investment (FDI), on national security or national interest grounds, is having a significant impact on technology transactions – a trend that is only likely to grow....more

How should antitrust authorities investigate deals that threaten potential competition?

This is a focus for antitrust regulators across the globe, which is playing out most publicly in the context of acquisitions and business practices, in particular in the digital sector, that threaten nascent competitors and...more

UK merger control: A toughening of the voluntary regime?

The UK’s competition authority has stepped up its enforcement of procedural breaches of merger control rules in the past 12 months. This is part of a global trend that has seen enforcement fines exceed EUR140 million globally...more

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