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Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Global | Publication | February 2017
On February 2, 2017, the Government published a White Paper on its plan for exiting and achieving a new partnership with the EU. The White Paper expands upon Prime Minister Theresa May’s speech on January 17, 2017. We have previously written about the speech and earlier developments (The UK government's Brexit plan and its implications for Life Sciences).
The White Paper sets out the 12 principles which will guide the Government in the negotiations. Those principles, and statements made in the White Paper with respect to them, include:
Principle |
Statements |
Ensuring the UK remains the best place for science and innovation |
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Providing certainty and clarity / taking control of our own laws |
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Ensuring free trade with European markets |
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Controlling immigration |
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The Association of the British Pharmaceutical Industry (ABPI) has issued a statement which welcomed an ambition to negotiate barrier-free collaboration to support the UK being one of the best places in the world for science and innovation. The ABPI also reiterated its belief that negotiating cooperation and alignment with the EMA is a win-win for the UK and EU.
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Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
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