Region: United Kingdom

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

Uncertainty will not thwart merger enforcement in dynamic markets, CMA head says

The inherent unpredictability of merger control assessments in digital markets means agencies will sometimes get cases wrong, but enforcers have to be comfortable working in that framework, the head of the UK’s Competition and Markets Authority has said.

02 March 2023

Pub chains challenge Scottish law for overstepping UK government’s competition remit

An Edinburgh court has issued an interim order stalling new Scottish legislation governing pub landlord-tenant relationships so an appeal can be heard that claims the rules intersect with the UK competition act and therefore fall outside of the local parliament’s competency.

02 March 2023

Enforcers must push for legislative change, Coscelli says

Antitrust agencies “need to be brave” in calling for change when they see enforcement gaps and outcomes that are “not right”, the former head of the UK’s Competition and Markets Authority has said.

02 March 2023

CMA approves Korean Air/Asiana Airlines with slot divestments

The UK’s Competition and Markets Authority has cleared Korean Air’s €1.31 billion acquisition of a majority stake in Asiana Airlines without a Phase II investigation, after the buyer promised to divest slots and enter into a cooperative partnership agreement with Virgin Atlantic.

01 March 2023

In-flight wifi merger wins provisional UK approval

The UK’s antitrust watchdog plans to clear Viasat’s $7.3 billion acquisition of Inmarsat, concluding no remedies are needed as significant competition will emerge from a rapidly growing market that has already changed significantly during the course of its in-depth probe.

01 March 2023

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