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Global immunity and leniency activity sees little uptick in 2024

Overall, the number of immunity/leniency cases decided in 2024 (21) was broadly in line with 2023 (19) and 2022 (18). While certain antitrust authorities anecdotally continue to highlight the impact of leniency programs on...more

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

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

The National Security and Investment Act 2021: The first market guidance notes

The UK National Security and Investment Act 2021 (NSIA) has been in force for over six months. We know that within the first three months, the UK government received 221 notifications and “called-in” 17 deals for a more...more

The National Security and Investment Act 2021 (NSIA): guidance on “notifiable acquisitions” and on process

The UK government is continuing to build up its guidance in preparation for the commencement of the UK’s national security regime on 4 January 2022. ...more

The National Security and Investment Act 2021: some clarity on the “call-in” power

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 National Security and Investment Act (NSIA): a date is set

The UK’s strengthened national security regime will commence on 4 January 2022. From that date there will be a dramatic expansion of the UK Government’s ability to scrutinise investments. That will include a power for the UK...more

Digital Markets Act: EC publishes details of proposed competition rules for ‘gatekeeper’ digital platforms

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

Covid–19 coronavirus update: global application of foreign investment control rules

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

UK mergers regime - Government prioritising national security

On 17 October 2017 the UK Government published a Green Paper heralding reform of national security and infrastructure investment review in the UK (the Green Paper). Specifically, the Government is seeking to strengthen...more

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