CMA win in competition director disqualification case

In the first application by the CMA for a competition disqualification order to reach the courts, the High Court, on 3 July 2020, imposed a competition director disqualification order for a period of 7 years on Mr Michael Martin, a former director of Gary Berryman Estate Agents, and ordered an interim payment of costs of … Read more

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

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

UK Supreme Court strongly affirms compensatory principle in competition law damages actions and recognises the utility of estimation in the context of pass-on quantification

On 17 June 2020, the UK Supreme Court handed down judgment in a consolidated set of appeals in the multi-lateral interchange fees litigation. In Sainsbury’s v Visa and others and Sainsbury’s v Mastercard and others the Court considered a number of issues relevant to competition litigation. A key element of the judgment relates to the … Read more

The impact of COVID-19 on competition law in the consumer sector (UK, Australia and Asia)

The Covid-19 health crisis raises substantial challenges for businesses and consumers and has had a significant impact on competition law affecting the consumer sector. While the particular implications will vary by jurisdiction, some common trends may be identified. One broader development is that competition authorities have recognised that certain forms of temporary cooperation between businesses, … Read more