In The News
Ofcom opens investigation into potential abuse of a dominant position in relation to wholesale trading activities
Ofgem has opened an investigation into whether there has been an infringement of Chapter II of the Competition Act 1998 and Article 102 of the Treaty on the Functioning of the European Union, concerning potential abuse of a dominant position in relation to wholesale trading activities. Click here.
ECN+ Directive published in Official Journal
The ECN+ Directive has been published in the Official Journal. The Directive imposes impose requirements on EU member states, aimed at ensuring that national competition authorities are able to enforce competition law effectively. Member states must now implement the Directive by 4 February 2021. The extent to which the UK will implement the Directive is likely to depend on the Brexit process. Click here.
- The CMA has published a notice of a penalty of £300,000 imposed on EMR and Ausurus for a failure to comply with the requirements imposed by the CMA’s initial enforcement order in relation to their completed merger. Click here.
- The CMA has published guidance on requests for internal documents in merger investigations. Click here.