Focus Antitrust - 18 March 2020
In The News
CMA imposes behavioural remedy in Bauer radio merger
The CMA has imposed a behavioural remedy in relation to Bauer Media’s completed purchase of certain radio businesses of Celador Entertainment Limited, Lincs FM Group Limited and Wireless Group Limited, including 50% of First Radio Sales Limited (FRS), which provides independent local radio stations with access to national advertisers. The remedy requires Bauer to provide advertising representation to independent radio stations on the same terms the stations were receiving from FRS for a period of 10 years. Click here.
Government publishes terms of reference for digital taskforce
The Government has published the terms of reference for the digital taskforce. The taskforce will run for a period of 6 months to provide government with advice on the potential design and implementation of pro-competitive measures for unlocking competition in digital platform markets. Click here.
- The European Commission has cleared the proposed acquisition of Raytheon by United Technologies Corporation subject to conditions. Click here.
- The CMA is proposing to refer the magazine and tech sites merger between Future and TI Media unless the parties offer acceptable undertakings in lieu of a reference. Click here.
- The CMA has cleared payments company Bottomline’s purchase of Experian Payments Gateway following a detailed phase 2 investigation. Click here.
News & Insights
Coronavirus Job Retention Scheme
The government announced their Coronavirus Job Retention Scheme to help pay the wages of employees not working.
Charles Russell Speechlys advises AIQ Ltd on Main Market readmission and reverse takeover of AI codes
Charles Russell Speechlys has assisted AIQ Ltd on the completion of the acquisition of AI Codes and on Main Market readmission.
Grounded? ‘Exceptional circumstances’ and the UK tax residence test
HMRC have updated their guidance on the UK’s Statutory Residence Test in light of the temporary grounding of individuals due to Covid-19.