New EU competition rules for vertical agreements enter into force on 1 June 2022

Following a comprehensive review and consultation process, the new revised EU vertical agreements block exemption Regulation (VBER) and Guidelines have now been published and will come into force on 1 June 2022.  The Commission’s stated objectives of the review process were to adjust the safe harbour under the VBER to eliminate false positives (where the … Read more

Africa Competition Law Update

HSF AFRICA MERGER TOOL LAUNCHING SOON We will soon be launching an informative guide on the current state of merger control competition regulation across Africa. The effective regulation of competition continues to be a key development focus in Africa, especially as Africa remains a growing foreign investment destination. Merger regulation regimes have been implemented in various countries … Read more

Amendments introduced to the proposed EU Foreign Subsidies regime: a stricter and more effective framework?

In 2021, the European Commission issued a proposal for a far-reaching new Regulation on foreign subsidies distorting the EU market (the “proposed Regulation“). The proposed Regulation has now passed a key procedural milestone on the path to adoption. On 25 April 2022, the EU Parliament’s Committee on International Trade (“INTA Committee”) unanimously voted in favour … Read more

Wide ranging reforms to UK competition and consumer protection regimes unveiled

On 20 April 2022 the UK government published its response to the consultation launched in July 2021, proposing a wide range of far-reaching changes to the UK competition and consumer protection regimes (see our blog post on the consultation here). Taking into account the feedback received from stakeholders on the various proposals, the government has … Read more

HSF team publishes update on antitrust developments in APAC

We are delighted that our overview of recent activity, reforms and trends in relation to antitrust enforcement in the Asia-Pacific region has been published as part of the Global Competition Review Asia-Pacific Antitrust Review 2022. Our chapter summarises notable regulatory reforms and enforcement activity across jurisdictions in the Asia-Pacific region. Notwithstanding the COVID-19 pandemic, the … Read more

Commission issues Guidance on FDI from Russia and Belarus and calls for greater scrutiny due to increased risk of harm to security or public order

On 6 April 2022, the European Commission (“Commission”) issued Guidance to Member States on how to screen foreign direct investment (“FDI”) from Russia and Belarus into the EU, in light of the ongoing military conflict in Ukraine (“FDI Guidance”). Following Russia’s unjustified attack against Ukraine, with the active support of Belarus, the Commission is concerned … Read more

HSF Competition team launches new “CRTea” podcast series

Welcome to our brand new “CRTea” podcast series, which will bring you the latest developments in Competition, Regulatory and Trade (“CRT”) law from across EMEA and beyond. In this rapidly-evolving regulatory landscape, these regular podcasts will provide practical insights from our network of specialists (and maybe some special guests along the way) in a digestible, … Read more