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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.
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Global | Publication | February 2020
On January 31, 2020, France, the United Kingdom and the United States announced a settlement with Airbus SE (Airbus), the French aircraft manufacturer, in relation to bribery allegations and, in the US and France, export control violations. The combined penalties total US$3.9 billion, the largest anti-corruption settlement in history. The settlement offers insight into corruption enforcement in the different countries and, perhaps more importantly, a view of the future of coordinated multi-jurisdictional investigations and enforcement.
The case illustrates the trends that we are seeing in our practice: (i) regulators and prosecutors are increasingly working together to investigate and resolve issues; (ii) the ambit of extra-territorial jurisdiction is being continually expanded; and (iii) common global standards for effective compliance programs are emerging.
Read the full briefing on our Regulation Tomorrow blog.
Video
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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