On 23 June 2020 the UK government brought into force emergency legislation imposing controls on any acquisitions of UK businesses that are critical to combating
Continue Reading Emergency Controls Over Acquisitions of UK Businesses Critical to Health Emergencies
On 17 June 2020, the European Commission published its White Paper on levelling the playing field as regards foreign subsidies. This policy paper proposes
Continue Reading Progress Towards EU Control of Non-EU Subsidies: EU White Paper of 17 June 2020
The substantial gains made by the ruling UK Conservative Party in the general election on 12 December 2019 mean that, barring the unexpected, the UK
Continue Reading UK Election Results: Brexit, but in What Form?
Today, 29 March 2019, was planned to be Brexit day: the UK would leave the EU at 23:00 GMT. That plan has had to be
Continue Reading 29 March 2019: Brexit Day Update
The European Commission (“Commission”) has today published a significant package of measures designed to eliminate barriers to cross-border e-commerce in the European Union
Continue Reading STOP PRESS: E-commerce in Europe – significant regulatory changes proposed – impact on companies conducting online business in the EU
On 26 September 2014, the Competition & Markets Authority (“CMA”) issued its final order implementing changes to the UK’s statutory audit market (the “Final Order”). By way of background, this action represents the final step in a process which commenced in March 2011 when the House of Lords Select Committee on Economic Affairs urged the Office of Fair Trading (“OFT”), the CMA’s predecessor, to investigate the UK audit market. Following an initial investigation by the OFT, an in-depth analysis of the market by the Competition Commission (“CC”) – now also subsumed into the CMA – concluded that competition in the audit market was restricted by factors which inhibit companies from switching auditors.
Continue Reading The Competition & Markets Authority Imposes Changes to the UK’s Audit Market with Significant Implications for FTSE 350 Companies
The European Commission has recently issued a new updated version of one of the most important safe harbors, known as the De Minimis Notice (the
Continue Reading The European Commission Updates an Important ‘Safe Harbor’
The European Commission (Commission) imposed a fine of EUR 20 million on Marine Harvest, the Norwegian salmon farmer and processor, after it acquired a 48.5
Continue Reading European Commission Raises the Stakes for Undertakings to Comply with EU Merger Control Rules
In the United States, merger control rules require notifications to be submitted to the Federal Trade Commission and Department of Justice in respect of certain
Continue Reading EU Commission Publishes Merger Regulation White Paper on Minority Shareholdings