Foreign Investment: Rising Tides of Politics in Regulation

We are delighted to share with you our newly updated report on Foreign Investment: Rising Tides of Politics in Regulation, which reflects a swathe of recent changes to Foreign Direct Investment (FDI) regimes around the world against the backdrop of the Covid-19 pandemic. FDI filings have become an increasingly important piece of the regulatory jigsaw … Read more

CMA’s continued focus on resale price maintenance

On 29 June 2020 the CMA imposed total fines of £5.8 million for resale price maintenance (RPM) in the musical instruments and equipment sector, in three separate cases.  This follows the fines imposed in August last year on Casio (£3.7 million) and in January this year on Fender (£4.5 million) for similar conduct and brings … Read more

Constitutional Court weakens the statute of limitation against the prosecution of a prohibited practice more than three years after it has ceased

On 24 June 2020, the Constitutional Court (“Court”) issued its decision in the Competition Commission’s appeal from the Competition Appeal Court (“CAC”) in Competition Commission v Pickfords Removals SA (Pty) Ltd (CCT123/19) [2020] ZACC 14. The judgment dealt with: the effective date of complaint initiation into a prohibited practice in circumstances where a firm was … Read more

Views on an evolving automotive industry: Responding to competition law challenges

The automotive industry is unquestionably evolving at considerable pace, whether through advances in connectivity and autonomy in vehicles, developments in the way that consumers access and use vehicles or changes driven by the “electric revolution” and the unprecedented industry disruption caused by the Covid-19 pandemic. In the latest article in a series entitled “Views on … Read more

German Supreme Court overturns interim relief ruling and provisionally confirms abuse of dominance by Facebook

Introduction On 23 June 2020, the German Federal Supreme Court (FSC) overturned the temporary injunction granted by the Higher Regional Court of Düsseldorf in August 2019, which suspended the German Federal Cartel Office’s (FCO’s) landmark abuse of dominance decision against Facebook, pending final determination of the company’s appeal (see our earlier blog post). In its February … Read more

Significant amendments to UK merger control regime targeting foreign investment

The UK government has announced two significant amendments to the UK merger control regime, intended to enhance its powers to scrutinise certain foreign direct investment (“FDI”) into the UK, against the backdrop of the Covid-19 pandemic and wider national security concerns. These amendments come ahead of the National Security and Investment Bill (“NS&I Bill”), which … Read more