Focus Antitrust - 23 April 2020
In The News
Government introduces competition law exclusion for dairy industry
The Government is introducing a temporary competition law exclusion for the dairy industry, in order to allow the industry to work together during the coronavirus crisis. Click here.
CMA publishes guidance on merger assessments during the Coronavirus pandemic
The CMA has published guidance on merger assessments during the Coronavirus pandemic to provide further information on key aspects of its practice, including information-gathering, the timing of investigations and the conduct of meetings and hearings, as well as its approach to interim measures and substantive assessment. As an Annex to the guidance, the CMA has also issued a ‘refresher’ on how it is likely to approach ‘failing firm’ claims in merger investigations. Click here.
CMA provisionally accepts failing firm defence in Amazon/Deliveroo merger
The CMA has provisionally accepted the failing firm defence in relation to Amazon’s investment in Deliveroo. The CMA has provisionally found that Deliveroo may exit the market absent the investment from Amazon, which the CMA currently considers would be worse for consumers than allowing the transaction to proceed. Click here.
Competition Appeal Tribunal upholds CMA’s Ecolab/Holchem merger decision
The Competition Appeal Tribunal has upheld the CMA’s merger decision requiring Ecolab to sell Holchem Laboratories. Click here.
- The CMA has referred the anticipated acquisition by Kingspan Holdings (Panels) Limited of Building Solutions (National) Limited for an in-depth phase 2 merger investigation. Click here.
News & Insights
Cladding/EWS1 Forms – What’s it all about?
It is good news that the housing market can continue to operate, with appropriate safeguards, throughout this third national lockdown.
‘Subject to contract’ – The effect of these words in settlement negotiations
The importance of the ‘subject to contract’ label during settlement negotiations and communications.
FCA publishes listing rule on enhanced climate-related disclosures and clarifies existing obligations
Premium listed commercial companies should start addressing what they need to do to make the required disclosures in sufficient detail.