Focus Antitrust - 24 June 2020
In The News
Supreme Court confirms that Visa and Mastercard interchange fees restrict competition
The Supreme Court has upheld the finding of the Court of Appeal that Visa and Mastercard interchange fees restrict competition. Click here.
CMA revises provisional findings in Amazon/Deliveroo case
The CMA has issued revised provisional findings in relation to Amazon’s 16% investment in Deliveroo, provisionally concluding that it is not likely to result in a substantial lessening of competition. Click here.
CMA opens abuse of dominance investigations into excessive and unfair prices for hand sanitiser products
The CMA has opened abuse of dominance investigations into suspected charging of excessive and unfair prices for hand sanitiser products during the coronavirus pandemic. The investigations relate to four pharmacies and convenience stores. Click here.
- The European Commission has opened an in-depth phase 2 investigation to assess the proposed merger of automotive companies Fiat Chrysler Automobiles N.V. and Peugeot S.A. The Commission is concerned that the proposed transaction may reduce competition with respect to light commercial vehicles (vans) below 3.5 tonnes in the European Economic Area and, more specifically, in 14 EU Member States and the UK. Click here.
- The European Commission has opened an in-depth phase 2 investigation to assess the proposed acquisition of Refinitiv by the London Stock Exchange Group. The Commission is concerned that the proposed acquisition may reduce competition in trading and clearing of various financial instruments and in financial data products. Click here.
- The Rt Hon. Lord Andrew Tyrie, Chairman of the CMA, has confirmed that he intends to step down from his current role in September 2020. Click here.
- The CMA is proposing to refer YPO’s anticipated acquisition of Findel for a detailed phase 2 merger investigation, unless the parties offer suitable undertakings in lieu of a reference. The CMA considers that the merger raises competition concerns in the supply of resources to educational institutions in the UK. Click here.
- The CMA’s report into the anticipated acquisition by Gardner Aerospace Holdings Limited of Impcross Limited has been published. The Secretary of State for Business, Energy & Industrial Strategy (BEIS) has also announced a consultation on undertakings offered by Gardner Aerospace Holdings Limited regarding the abandonment of the transaction. Click here.
Strategic Planning for Modern Landed Estates
The second in our series of articles on succession planning for landed estates covering a wide variety of matters.
When can you set off claims against different elements of a project
The Court’s decision raises important drafting considerations for construction contracts involving multiple elements of a project.
Drafting terms and conditions or negotiating a contract? Be wary of "unusual" and "exorbitant" exclusion clauses
When drafting a set of terms and conditions, companies must adhere to the requirements contained in the Unfair Contract Terms Act 1977
Stop, collaborate and listen: Top 10 Tips with Collaboration Agreements
Providing you with the top ten tips on collaboration agreements - what should you know?
Preparing your company for sale
We set out here some initial steps to consider in anticipation of a sale.
ESG investment and the challenges for trustees
What challenges does the ESG revolution present for trustees of private family trusts?
The impact of COVID-19 on commercial and residential tenancies
What impact has COVID-19 had on commercial and residential tenancies? Read more here.
Charles Russell Speechlys advises discoverIE on its acquisition of Antenova
discoverIE is a leading international designer, manufacturer and supplier of customised electronics to industry.
Q&A: Separate blocks, common parts and enfranchisement
Miriam Seitler and Lauren Fraser answer queries relating to leaseholders seeking to acquire the freehold.
2020: Influencer, 2021: Creative Director – what could go wrong?
Coded messages for landlords and tenants
“What does the code of practice mean for landlords and tenants? Read more here”
The family court’s role in micro managing 'trivial' disputes
The recent decision has dealt with the family court’s role in micro managing “trivial” disputes in relation to children
Taxing horizons and fiscal black holes
A super-massive black hole at the centre of the nation’s finances means that tax reform and rates rises look increasingly likely.
Charles Russell Speechlys advises Acora on acquisition of Westgate IT
Westgate IT specialises in providing IT support to businesses in the South West.
Jason Saiban writes for Food Manufacture on the food industry's climate change challenge
The key challenge will be how the environmental targets are actually met.
Q&A: Wrestling with restrictive covenants
Camilla Lamont (barrister at Landmark Chambers) and Real Estate Disputes Partner Emma Humphreys answer a pair of covenant queries
Charles Russell Speechlys advises Grape Paradise on the acquisition of a fine wine business
Charles Russell Speechlys has advised Grape Paradise on the acquisition of the Sarment Group in the China Mainland territories.
Grab the tail by the horns - Why is tail spend so critical in today’s outsourced portfolio?
It’s usually invisible, but in all likelihood, you’ve got tail spend.
Collateral Warranties – Are they also a ‘Construction Contract’?
What are collateral warranties and what do they mean for your construction contracts? Read more here.
Succession Planning for Landed Estates
The first in our series of articles on succession planning for landed estates covering a wide variety of matters.