CMA imposes record fine for breach of IEO in JD Sports/Footasylum merger

On 5 August 2020 the CMA published a penalty notice imposing a fine of £300,000 (the highest fine to date for a single breach of an initial enforcement order (IEO)) on JD Sports and its parent company Pentland Group, for breach of an IEO in the context of its completed acquisition of Footasylum. In October … Read more

CMA confirms unconditional clearance of Amazon’s acquisition of 16% stake in Deliveroo

Updated August 5, 2020 to add link to full report The CMA has today announced that it has unconditionally cleared Amazon’s acquisition of a 16% stake in Deliveroo (alongside other rights including board representation). Following an in-depth Phase 2 investigation, the CMA has concluded that the transaction will not substantially lessen competition. This confirms its … Read more

Global Competition Review EMEA Antitrust Review 2021 – HSF’s EU Merger Control chapter now available online

Members of the HSF Brussels competition team have written a comprehensive summary of key recent EU merger control developments as a contribution to the latest edition of the highly-regarded Global Competition Review (GCR) EMEA Antitrust Review. The chapter covers key procedural, jurisdictional and substantive merger control developments from June 2019 to April 2020, including: jurisdictional … 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

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

The European Commission adopts White Paper on how to address foreign subsidies in the EU internal market

On 17 June 2020, the European Commission (“the Commission”) issued a “White Paper on levelling the playing field as regards foreign subsidies” (“the White Paper”), launching a public consultation on a number of ambitious and far reaching possible options and legal instruments to address distortions in the European Union’s (“EU”) internal market resulting from foreign … Read more