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European Commission consults on Notice on the recovery of State aid

European Union - May 3 2019 EU State aid rules aim at preventing Member States from using direct and indirect subsidies to selectively favour certain companies or sectors. These...

Bernard van de Walle de Ghelcke, Fredrik Lowhagen.

State Aid and Taxation update: Commission concludes UK tax exemption granted illegal state aid advantage for UK multinationals in certain circumstances

United Kingdom, European Union - April 3 2019 On 2 April 2019, the European Commission ("Commission") announced the conclusion of its in-depth state aid investigation into the UK's group financing...

Sir Christopher Bellamy QC, Christian Ahlborn, Bernard van de Walle de Ghelcke, Fredrik Lowhagen.

New CMA Chair proposes radical changes to UK competition law regime

United Kingdom - February 27 2019 Yesterday the Chair of the Competition and Markets Authority (“CMA”), Andrew Tyrie, published a response outlining his proposals for radical reform of...

Sir Christopher Bellamy QC, Simon Pritchard, Nicole Kar, Christian Ahlborn, Rachel Hetherington, Helen Crossley, Anna Mitchell.

FCA makes its first enforcement decision under competition law

United Kingdom - February 22 2019 Following receipt of its concurrent competition law powers in 2015, on 21 February 2019, the FCA issued its first ever competition law enforcement...

Sir Christopher Bellamy QC, Simon Pritchard, Nicole Kar, Christian Ahlborn, Rachel Hetherington.

UK merger control: CAT upholds first fine imposed by the CMA for breach of a hold separate order in the Electro Rent case

United Kingdom - February 21 2019 On 11 February 2019, the Competition Appeal Tribunal (“CAT”) dismissed an appeal brought by Electro Rent against a £100,000 penalty imposed by the...

Sir Christopher Bellamy QC, Simon Pritchard, Nicole Kar, Christian Ahlborn, Rachel Hetherington.