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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 | October 29, 2020
During the past few days, the Mexican government has issued international public tenders for the award of two major public private partnership (PPP) water projects in Los Cabos, Baja California Sur.
First, the Los Cabos Municipal Water and Sanitation Agency (Organismo Operador Municipal del Sistema de Agua Potable, Alcantarillado y Saneamiento de Los Cabos, OOMSAPAS) has called an international public tender to award a PPP to develop a new desalination plant in the area.
The 25-year project aims to supply drinking water to the wider Los Cabos area, and includes the design, construction, equipment, operation and maintenance of a 250 litres per second (LPS) desalination plant in Los Cabos, Baja California Sur.
While not included in the official bid call documents, public sources suggest that up to 49-percent of the total investment amount will be guaranteed by a Mexican development bank. The winning bidder will provide the remainder.
Full technical, financial and legal requirements for bidders and this project are outlined in the bidding guidelines, that are available for interested parties to acquire until February 5, 2021. Other key dates in the process include:
Informative meeting and site visit | November 4, 2020 |
First Q&A session | November 24, 2020 |
Second Q&A session | January 15, 2021 |
Submission of proposals | February 5, 2021 |
Award | March 17, 2021 |
Contract execution / construction starting date | May 17, 2021 |
In addition to the desalination plant project, OOMSAPAS has also issued an international public tender to award a 10-year contract to provide integral services for the improvement of the water management network of Los Cabos. The bidding guidelines for this project are also available for interested parties to acquire until February 2, 2021. Other key dates in this process include:
Site visit | November 5-6, 2020 |
First Q&A session | November 24, 2020 |
Second Q&A session | January 15, 2021 |
Submission of proposals | February 8, 2021 |
Award | March 18, 2021 |
Contract execution | May 13, 2021 |
OOMSAPAS will pay a monthly consideration from its own budgetary resources to the winning bidder in accordance with the bidding guidelines.
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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.
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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.
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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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