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In the past industrial policy was a matter for the EU Member States. Indeed Article 6, of the Treaty on the Functioning of the European Union (“TFEU”) lists industrial policy as an area where the Union may only “support, coordinate or supplement the actions of the Member States” in the same way as for health … Read more
Over the last two months our #FDIFriday podcast series has brought together experts from our Global Foreign Investment Regulation Group to discuss the rapidly-evolving foreign direct investment (FDI) regulatory landscape in accessible, digestible episodes to help clients and our wider network keep abreast of the latest developments in this pertinent area of international investment. The … Read more
Our #FDIFriday podcast series continues, bringing together experts from our Global Foreign Investment Regulation Group to discuss the rapidly-evolving FDI regulatory landscape in accessible, digestible podcast episodes. Read more
On 17 November 2023, the CMA issued a Prioritisation Statement (the Statement) indicating that it would not prioritise investigations under Chapter I of the Competition Act 1998 (the CA 98) of exchanges of competitively sensitive information (CSI) and/or agreements between medicine manufacturers which have the aim of making a combination therapy (a Combination Therapy) available … Read more
The post below was first published yesterday on our Litigation blog. The Competition Appeal Tribunal (CAT) has found that a litigation funding agreement that was revised to take account of the Supreme Court’s decision in Paccar (considered in our previous blog post) was not a damages-based agreement (DBA). It was therefore enforceable in the context of an … Read more
Our #FDIFriday podcast series continues, bringing together experts from our Global Foreign Investment Regulation Group to discuss the rapidly-evolving FDI regulatory landscape in accessible, digestible podcast episodes. Read more
The post below was first published earlier today on our Litigation blog. The government has tabled an amendment to the Digital Markets, Competition and Consumers Bill to allow the use of damages-based agreements (DBAs) with litigation funders in opt-out collective proceedings in the Competition Appeal Tribunal (CAT). DBAs with solicitors and barristers would still be … Read more
On 13 November 2023 the UK Government issued an interesting Call for Evidence on the scope and implementation of the UK’s National Security and Investment (NSI) regime, which governs screening of transactions on national security grounds for both foreign and UK investors. This is a very welcome review: since entering into force just under two … Read more
Almost 18 months after it was laid before Parliament in May last year, the Procurement Bill finally received Royal Assent on 26 October and thereby became the Procurement Act 2023 (“the Act“). The Act is expected to enter into force in October 2024 and will replace the existing regulations governing the award of contracts and … Read more