Region: United Kingdom

CMA drops probe into Meta, combines Google online ad cases

The UK’s Competition and Markets Authority has ended its investigation into Meta over an online advertising agreement with Google, although it will continue to probe the latter’s involvement in the same pact three months after the EU dropped the case entirely.

10 March 2023

Ofcom chief economist wary of remedies in telecoms deals

The UK’s communications regulator will need to see a “real demonstration” that access remedies in telecoms mergers will be a “different story” than in the past because they have not previously worked well, the agency’s chief economist has said.

10 March 2023

Apple looks to terminate UK’s cloud gaming and mobile browsers market inquiry

Apple has urged the UK’s Competition Appeal Tribunal to quash a market investigation launched by the national antitrust watchdog last year, claiming the agency breached the procedural rules for initiating such an inquiry.

10 March 2023

Microsoft urges CMA to back down from divestment ultimatum in Activision Blizzard deal

Microsoft has argued that behavioural remedies would preserve the “substantial” benefits arising from its $68.7 billion acquisition of Activision Blizzard, as the company pushes back against the UK antitrust enforcer’s provisional Phase II findings.

09 March 2023

DMU legislation unlikely until after 2024, says Coscelli

Legislation to beef up the UK’s digital competition regime is unlikely to be passed by the end of next year’s Parliamentary session, the former head of the country’s antitrust enforcer has said.

09 March 2023

Cross-border coordination drives fragrance cartel raids

Competition authorities in the EU, UK, US and Switzerland have heeded calls to better align cartel enforcement efforts by coordinating dawn raids on four fragrance manufacturers and a global industry association.

08 March 2023

Another UK claimant settles trucks lawsuit

Transportation provider Ryder has settled its follow-on damages claim against DAF six weeks before trial, ending its litigation against members of the EU trucks cartel.

06 March 2023

CMA successfully challenges another vet deal

Europe’s largest veterinary service provider has offered to roll back its purchases of eight independent practices after the UK’s Competition and Markets Authority demanded remedies to address its concerns about the deals.

06 March 2023

UK financial services regulator flags competition concerns in trade data market

A probe by the UK’s Financial Conduct Authority has warned that the domestic market for trade data used by banks and other investors is overly concentrated to the detriment of competition and consumers.

03 March 2023

MLAB and Baker Botts add new partners in Europe

MLAB Abogados has rehired Robert Vallina as a partner in Madrid, while Baker Botts has promoted Adam Dawson to its partnership in Brussels and Dina Jubrail to special counsel in London.

03 March 2023

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