Whilst not traditionally a focus of the Competition and Markets Authority (“CMA”), the UK’s labour markets now form one of the CMA’s strategic priorities, as outlined in its 2023 to 2024 Annual Plan....more
2/16/2024
/ Anti-Competitive ,
Cartels ,
Collective Bargaining ,
Cost-of-Living Adjustment (COLA) ,
Department of Justice (DOJ) ,
Employer Liability Issues ,
Enforcement Priorities ,
EU ,
European Commission ,
Federal Trade Commission (FTC) ,
Government Investigations ,
Information Reports ,
Member State ,
New Guidance ,
No-Poaching ,
Non-Compete Agreements ,
Proposed Rules ,
UK ,
UK Competition and Markets Authority (CMA) ,
Wage and Hour ,
Wage-Fixing
The Digital Markets, Competition and Consumers Bill (“DMCC”) introduces a framework to govern ‘big tech’ in the UK, similar in aim to the EU’s Digital Markets Act (“DMA”). The bill is currently at report stage in the House of...more
8/2/2023
/ Antitrust Provisions ,
Competition ,
Consumer Protection Laws ,
Digital Marketplace ,
Digital Markets Strategy ,
EU ,
European Commission ,
Merger Controls ,
Mergers ,
Pending Legislation ,
UK Competition and Markets Authority (CMA)
The Digital Markets Act (DMA), introduces stricter rules for ‘big tech’ in the EU and comes into force today, November 1 2022. The DMA forms part of the European Commission’s new package of legislation governing conduct in...more
On the 13 July 2022, the General Court upheld the European Commission’s decision to accept a referral from Member States under Article 22 of the EU Regulation n°139/2004 on merger control (“EUMR”) to review a deal that fell...more
New High Court case considers nature and scope of the Quincecare duty -
In June, the Court of Appeal expanded the scope of a bank’s duty of care to protect its customers from fraud to encompass instructions by those other...more
6/21/2022
/ Bank of England ,
Banks ,
Civil Monetary Penalty ,
Climate Change ,
Criminal Liability ,
Duty of Care ,
Economic Sanctions ,
EU ,
European Commission ,
Financial Accounting ,
Fraud ,
Insurance Industry ,
Member State ,
Money Laundering ,
Office of Financial Sanctions Implementation (OFSI) ,
Payment Systems Regulator (PSR) ,
Prudential Regulation Authority (PRA) ,
Risk Factors ,
Russia ,
Third-Party Service Provider ,
UK ,
UK Regulatory Reforms
Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market....more
5/17/2022
/ Anti-Money Laundering ,
Antitrust Violations ,
Banking Sector ,
Corporate Governance ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Economic Sanctions ,
Ethnicity ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
FTSE ,
Modern Slavery Act ,
Retail Banks ,
Russia ,
UK ,
UK Competition and Markets Authority (CMA) ,
Ukraine
The European Commission (“EC”) is consulting on new rules for collaborations between competitors by inviting comments on two draft Horizontal Block Exemption Regulations on Specialisation and R&D (“HBERs”) and accompanying...more
The increasing importance of the internet has caused EU and US antitrust regulators to look closely at a range of trading policies including restrictions on internet sales, geo-blocking, use of on line platforms, MFN clauses...more
7/16/2018
/ Advertising ,
Competition ,
Digital Single Market ,
E-Commerce ,
EU ,
European Commission ,
Geo-Blocking ,
Member State ,
Online Platforms ,
Price-Fixing ,
Sales & Distribution Agreements ,
Treaty on the Functioning of the European Union (TFEU)
On 26 April 2018, the European Commission (the “Commission“) published a long awaited draft regulation on promoting fairness and transparency in online platforms, introducing some new rules for the operators of platforms...more