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Audit market: the OFT refers the audit market for large companies to the Competition Commission
- Squire Sanders
- -
- United Kingdom
- -
- December 13 2011
Following a recent consultation, the Office of Fair Trading (‘OFT’) has referred the market for the supply of statutory audit services to large companies in the UK to the Competition Commission for further investigation, amid concerns that the audit market is very concentrated, has low levels of switching and substantial barriers to entry
OFT raises concerns over consumer policy reform
- Squire Sanders Hammonds
- -
- United Kingdom
- -
- October 7 2011
The OFT has published its response to the BIS consultation: "Empowering and Protecting Consumers: Consultation on institutional changes for provision of consumer information, advice, education, advocacy and enforcement"
Key compensation provisions in Dodd-Frank Act delayed
- Squire Sanders
- -
- USA
- -
- August 12 2011
The Securities and Exchange Commission has recently revised its rulemaking schedule for the proposal and adoption of several of the rules mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act
OFT provisionally refers audit market to Competition Commission
- Squire Sanders Hammonds
- -
- United Kingdom
- -
- August 4 2011
The OFT has provisionally decided to refer the market for statutory audit services to large companies to the CC
Market investigations
- Squire Sanders Hammonds
- -
- United Kingdom
- -
- June 10 2011
The CC has provisionally found that some features of the local bus market have an adverse effect on competition
A new day for noncompete agreements in Georgia
- Squire Sanders
- -
- USA
- -
- November 5 2010
On November 2, 2010 voters in Georgia decided whether to "make Georgia more economically competitive by authorizing legislation to uphold reasonable competitive agreements."
OFT consults on guidance for businesses and directors on competition compliance
- Squire Sanders
- -
- United Kingdom
- -
- October 31 2010
On 19 October the OFT published for public consultation two complementary draft guidance documents that address competition law compliance
Advocate General confirms that legal professional privilege does not extend to in house advice
- Squire Sanders
- -
- European Union
- -
- May 27 2010
The Advocate General has confirmed that legal professional privilege does not protect communications between in house lawyers and their employers in EU competition investigations
Foreign shareholder group authorised to join New York class action suit against Vivendi
- Squire Sanders
- -
- France, USA
- -
- October 31 2009
A group of French minority shareholders have been admitted to join a class action suit initiated against Vivendi in New York
FTC approves annual adjustments to thresholds for interlocking directorates
- Squire Sanders
- -
- USA
- -
- February 19 2008
Section 8 of the Clayton Act generally prohibits a person from serving as a director or officer of two competing corporations (so called “interlocking directorates”) if each corporation is of a certain minimum size
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