Focus Antitrust - 04 March 2020
In The News
European Commission approves Assa Abloy's acquisition of Agta Record subject to conditions
The European Commission has approved the proposed acquisition of Agta Record by Assa Abloy subject to conditions. The Commission had concerns that the proposed transaction would have significantly reduced competition in the supply of different types of automatic pedestrian doors in various Member States, including Austria, Czechia, Finland, France, Hungary, Iceland, the Netherlands, Slovenia and the United Kingdom, and the supply of industrial high-speed doors in France. Click here.
CMA fines suppliers of nortriptyline £3.4 million
The CMA has imposed fines of £3.4 million on suppliers of nortriptyline, a drug used to relieve symptoms of depression. The suppliers have also agreed to make a payment of £1 million directly to the NHS and one of the company’s directors has been disqualified. Click here.
News & Insights
Crossing the line? A restrictive covenant upheld to protect a neighbour’s outlook
The Tribunal refused to discharge or modify a restrictive covenant which prevented a house being built in front of a certain building line.
The UAE’s recent laws on ultimate beneficial owners and economic substance
The UAE is ramping up measures to tackle tax avoidance and money laundering, the team look at two important new developments.
The Job Support Scheme: Key Facts
A further announcement made on 22 October, offers a more generous package of measures to support affected businesses by COVID-19.