Focus Antitrust - 06 March 2019
In The News
CMA issues fines of £7 million in design, construction and fit-out cartel
The CMA has fined five companies £7 million for their involvement in a cartel in the design, construction and fit-out sector. The CMA found that each company participated in “cover bidding” in competitive tenders. Click here.
CMA issues statement of objections in hydrocortisone tablets case
The CMA has issued a statement of objections in the hydrocortisone tablets case. The CMA has provisionally found that, from July 2011 to April 2015, the sole supplier of hydrocortisone tablets in the UK, Auden Mckenzie, and its rival, Waymade, entered into anti-competitive agreements. The CMA has also provisionally found that this may have involved Auden Mckenzie abusing its dominant position by making monthly payments to Waymade not to enter the market. Click here.
CMA seeks director disqualification orders in estate agency case
The CMA is seeking the disqualification of two former directors of residential estate agents in Somerset that were fined for breach of the Chapter I prohibition of the Competition Act 1998 in May 2017. Click here.
Articles 101 and 102
- The European Commission has fined Autoliv and TRW €368 million for taking part in two cartels for the supply of car seatbelts, airbags and steering wheels to European car producers. Takata was not fined as it revealed the cartels to the Commission. Click here.
- The CMA is consulting on whether the scope of its proposed market investigation reference in the funeral sector should be extended to include the funeral services supplied by funeral directors arising from the redemption of pre-paid funeral plans. Click here.
- The CMA served an unwinding order on Tobii AB, Smartbox Assistive Technology Limited and Sensory Software International Limited in relation to the completed acquisition by Tobii AB of Smartbox Assistive Technology Limited and Sensory Software International Ltd. Click here.
For more information please contact Paul Stone on +44 (0)20 7203 5110 or at email@example.com.
IBA Annual Conference
The IBA heads to Miami for its 2022 Annual Conference bringing together thousands hundreds of lawyers from around the world.
Joint Venture Opportunities
Join our panel where we will discuss various topics including Joint Venture structuring and Partner procurement.
Mind your business: Safeguarding your business against loss of mental capacity
Practical considerations to safeguard your business against loss of mental capacity.
FT Wealth quotes Sarah Anticoni on forum shopping
"Being the first to file for divorce is not a foolproof way of securing an English hearing"
What can UK investors interested in Life Sciences learn from their more experienced, including US, counterparts?
The recent tie-up between Canary Wharf and Kadans demonstrates the enthusiasm to access the lucrative UK life sciences market.
Helen Coward writes for Tax Journal on the main purpose test for SDLT group relief
Mainly ignored? The main purpose test for SDLT group relief
The Ayes have it - Collateral Warranties can be a ‘Construction Contract’
The Court of Appeal handed down its judgment in the case of Abbey Healthcare (Mill Hill) Limited v Simply Construct (UK) LLP
Charles Russell Speechlys advising Battery Ventures on the sale of SPT Labtech for £650 million.
Battery Ventures has raised over $9 billion to invest in software and services, enterprise infrastructure, and much more around the world.
Windrush Day 2022 – supporting access to justice
Charles Russell Speechlys is proud to continue supporting survivors of the Windrush scandal in their fight for justice.
The Leasehold Reform (Ground Rent) Act 2022: Landlords and developers beware serious sanctions for non-compliance
The Leasehold Reform (Ground Rent) Act 2022 received Royal Assent on 8 February 2022 and will come into force on 30 June 2022.
EG quotes Emma Preece on the Picturehouse and BNY Mellon rent arrears cases
“The case is being closely watched by landlords and tenants alike as the impact of the pandemic lives on in the commercial property sector”
Charles Russell Speechlys has advised long-standing client Stonegate on a series A investment into Peckwater Brands
Stonegate is one of the largest pub companies in the UK with a rich portfolio that covers over 4,500 sites.
Pro bono support for major office premises move for charity in Stoke-on-Trent
Emmaus entities provide safe homes, community support and meaningful work to formerly homeless people across the UK.
ITV takes the plunge and “couples up” with Ebay to dress love island contestants in pre-loved clothing
Reporting Restriction Order (reprised) - "Where there is no publicity there is no justice."
Financier Worldwide quotes Rachel Warren on the UK’s Economic Crime Act
Evaluating the UK’s Economic Crime Act
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups in the UK
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups
Property Patter: Reasonable Endeavours
What does it mean to use ‘best’, ‘all’ or ‘reasonable’ endeavours?
Could the UK’s Life Sciences Vision be restricted by its Immigration Policy?
We explore some of the visa options that may be open to businesses in the sector and their relative pros and cons.
New Swiss succession law on the transfer of businesses
On 10 June 2022, the Federal Council adopted its Message amending the Civil Code on the transfer of businesses by succession.