Focus Antitrust - 23 May 2018
In The News
Supreme Court upholds CMA appeal against repayment of fines
The Supreme Court has upheld an appeal by the CMA, overturning a Court of Appeal judgment which found that the OFT had acted unlawfully by failing to repay to Gallaher and Somerfield fines imposed as a result of the tobacco retail pricing decision. Click here.
CMA issues preliminary invitation to comment in relation to Sainsbury’s/Asda merger
The CMA has issued a preliminary invitation to comment in relation to the Sainsbury’s/Asda merger. Initial comments are invited by 4 June 2018. Click here.
UK Government implements new powers to review mergers on national security grounds
The UK Government has published the statutory instruments, which will amend the jurisdictional thresholds under the UK merger control rules in relation to transactions involving goods in the dual use and military use sector that are subject to export control, computer processing units and quantum technology. The changes will come into effect on 11 June 2018. Click here.
UK
CMA
- The CMA has issued its final report in relation to the completed acquisition by Electro Rent of Microlease. The CMA has decided that the merger gives rise to competition concerns in relation to the rental of testing and measurement equipment and that Electro Rent should therefore sell its UK division to preserve competition. Click here.
Other
- The Secretary of State for Digital, Culture, Media and Sport has announced that he is not minded to intervene in the Comcast/Sky merger on public interest grounds. Click here.
This article was written by Paul Stone. For more information, please contact Paul on +44 (0)20 7203 5110 or at paul.stone@crsblaw.com.
