Region: United Kingdom

The UK’s Competition and Markets Authority has opened an in-depth review into Adobe’s $20 billion acquisition of web design platform Figma after the companies refused to offer remedies.

13 July 2023

Microsoft has been given a route to fight the UK block of its planned $69 billion acquisition of Activision after the Competition and Markets Authority yesterday said it will consider a “restructured” version of the deal.

13 July 2023

Westlake and Ineos will have to fight off a competition damages claim in the High Court of England and Wales after an Austrian producer of natural fibers used in the textile industry sued both companies and several of their subsidiaries.

12 July 2023

Spanish rail company CAF has urged the UK’s competition authority to impose a structural remedy to address its concerns over Hitachi’s €1.7 billion proposed acquisition of Thales’ ground transportation business.

12 July 2023

The UK government’s second-ever National Security and Investment Act report fails to provide much-needed transparency about the regime, but it does confirm that Chinese investors face more scrutiny than those from any other country, local lawyers say.

12 July 2023

An appeal by Cérélia challenging the UK competition watchdog’s decision to block its acquisition of a rival pastry products maker should fail because it grossly simplified the theory of harm the agency relied on, the latter has said.

11 July 2023

The UK’s Competition Appeal Tribunal has ordered real estate software business Dye & Durham to undo its acquisition of TM group by selling the company to a single purchaser, after rejecting its attempt to adopt a “twin track” divestment strategy via the London Stock Exchange.

10 July 2023

A pastry products manufacturer has urged the UK’s Competition Appeal Tribunal to overturn the prohibition of its already-completed acquisition of an indirect rival, arguing the country’s antitrust enforcer failed to properly review the merger.

10 July 2023

The UK’s Competition Appeal Tribunal has refused Justin Gutmann’s request to order a single trial in his class actions against three UK train operators, as the legal fees saved if certain hearings prove unnecessary would “greatly” outweigh the costs of splitting the case.

07 July 2023

Energy supplier Utilita has filed a £42 million damages claim against a payment services provider in a rare lawsuit to piggyback on a no-fault settlement agreement with a UK competition authority.

06 July 2023