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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 | November 2015
The EU sanctions regime against Russia has been amended in accordance with the Council’s resolution that the sanctions should not affect the European space industry. To this end, on 1 October 2015 European Council Decision (CFSP) 2015/1764 amended Council Decision 2014/512/CFSP and on 7 October 2015 European Council Regulation 2015/1797 amended Regulation 833/2014.
The effect of the amendments is to permit certain operations, “necessary for the use of launchers operated by launch service providers of Member States or established in a Member State, or for the use of launches of space programmes of the Union, its Member States or of the European Space Agency, or for the fuelling of satellites by satellite manufacturers established in a Member State”.
Accordingly, the existing prohibition on the provision on certain ancillary services related to the sale, supply, transfer or export to Russia and/or the import, purchase or transport from Russia of certain forms of hydrazine (including technical assistance, brokering services, financing, financial assistance and other services) has been removed, save that prior authorisation to carry out such activities will be required.
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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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