In The News
CMA provisionally finds significant competition concerns with Sainsbury’s/Asda merger
The CMA has provisionally found extensive competition concerns as part of its in-depth investigation of the proposed merger between Sainsbury’s and Asda. The CMA has provisional concerns that the merger could lead to a substantial lessening of competition at both a national and local level. Click here.
CMA publishes proposals for reform of the UK competition regime
The CMA has published proposals for reforming the UK competition regime in response to a request from the Government. Click here.
European Commission confirms unannounced inspections in the farmed Atlantic salmon sector
The European Commission has confirmed unannounced inspections in the farmed Atlantic salmon sector. The Commission has concerns that the inspected companies may have violated Article 101 of the Treaty on the Functioning of the European Union. Click here.
Articles 101 and 102
• The European Commission has published a roadmap on its review of the motor vehicles block exemption. Click here.
• The Financial Conduct Authority has issued a decision which finds that 3 asset management firms breached competition law. This is the FCA’s first formal decision under its competition enforcement powers. The infringements consisted of the sharing of strategic information, on a bilateral basis, between competing asset management firms during one initial public offering and one placing, shortly before the share prices were set. Click here.