Publication
The robots are coming … is insurance ready for AI?
The insurance industry is founded on predicting, as accurately as possible, whether or not a risk will materialise in a fast-moving competitive environment.
Global | Publication | August 2015
An article by our Antitrust & Competition team has been published in the International Law Office (ILO) competition newsletter.
This article comments on the Groceries Code Adjudicator (GCA) plans to investigate Tesco plc over concerns that it had breached the Groceries Code.
A copy of the article, which was published on 9 April 2015, can be accessed below, provided with the kind permission of the publishers, International Law Office.
First GCA investigation may trigger shift in supermarkets' dealings with suppliers
When this article was published, we reported that legislation had been proposed to give the GCA the power to fine UK supermarkets that had breached the Groceries Supply Code of Practice (GSCOP). Parliament has now approved that legislation meaning that the GCA can now impose penalties on large supermarkets of up to 1% of their total annual UK turnover (not just turnover of groceries), depending on the seriousness of the breach. These new measures operate alongside existing powers to issue supermarkets with recommendations as to their future conduct, and to “name and shame” those that have breached GSCOP. The GCA’s new powers will only apply to breaches that occur after 5 April 2015 – thus it will not apply to the current Tesco investigation.
Publication
The insurance industry is founded on predicting, as accurately as possible, whether or not a risk will materialise in a fast-moving competitive environment.
Publication
The increasing frequency and severity of climate-related natural disasters is having a big impact on physical risk exposures and the increasing protection gap.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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