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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.
United Kingdom | Publication | May 2023
The Government has announced that the “sunset” provisions in the Retained EU Law Bill are to be removed. This means that much EU-derived law will not now be automatically revoked at the end of 2023. The Bill will include a list of around 600 laws which are to be revoked at the end of the year. It appears that no pensions legislation is included, at least in this first tranche, which is good news for the stability of pensions law, for the time being at least.
However, as far as wider employment law is concerned, there are several areas in which changes are proposed. These are discussed in a blog from our employment team.
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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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