Consortia and Competition Law

The European Commission’s draft revision of the horizontal cooperation guidance published on March 1, 2022, for the first time includes a specific section on the assessment of consortia agreements. Up to now, there has been very limited guidance in case law and in the existing horizontal cooperation guidelines. Members of our Brussels office have recently … Read more

EU Reaches Agreement on Foreign Subsidies Regulation – New Regime to Enter into Force Next Year

The EU has reached political agreement in relation to the much-anticipated foreign subsidies regulation (the “Regulation”), which should become operational next year. The Regulation essentially creates a new subsidy control regime for third country subsidies affecting the EU market and has the potential to significantly increase the regulatory risk and burdens for foreign companies operating … Read more

The long-awaited Procurement Bill goes before Parliament: 10 key features

The much-anticipated Procurement Bill was laid before the UK Parliament on 11 May and has already received its first reading in the House of Lords. Once enacted, the Bill will overhaul the existing regulations governing the award of public and utility contracts in the UK (other than Scotland). These outgoing regulations are based closely on … 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

Hong Kong Competition Law Enforcement Updates: A Tiger Ready to Pounce

The Hong Kong Competition Commission celebrated the sixth full year of the Competition Ordinance in December 2021, after an increase of enforcement activities and policy making efforts during 2021. 2022 has started with a flurry of activity. On 18 January 2022, the Commission conducted a joint dawn raid in the building maintenance sector with the … Read more

EU proposal to address foreign subsidies

On 5 May 2021, the European Commission issued its much anticipated proposed regulation on foreign subsidies distorting the EU market, which we summarised in our earlier blog post. If adopted in its current form, the proposed regulation could have a transformative impact and significantly increase the regulatory risk and burdens for foreign companies operating or … Read more

UK Government publishes long-awaited Green Paper on transforming public procurement

The UK Government has published a Green Paper proposing fundamental reforms of the public procurement rules governing the purchase of goods, works and services by the public sector and certain utilities.  Those rules are currently set out in a series of UK regulations that are based very closely on EU directives.  Following Brexit, the Government … Read more