Region: United Kingdom

CMA issues first-ever price parity clauses fine

The UK’s antitrust enforcer has fined one of the country’s biggest price comparison platforms £17.9 million for using most-favoured-nation clauses that banned home insurers from offering lower prices on rival websites.

19 November 2020

CMA ready to move away from static market definitions in deal reviews

The UK’s competition authority has proposed dropping formal market definition in its merger reviews and allowing for more uncertainty in counterfactual assessments to better enforce against anticompetitive deals in digital markets.

18 November 2020

JD Sports ruling will not change approach to merger reviews, CMA says

The UK’s Competition and Markets Authority has said its overall approach to merger analysis will not change after a specialist tribunal ordered the agency to re-evaluate JD Sports’ acquisition of Footasylum to properly assess the impact of the coronavirus pandemic.

16 November 2020

UK fast-tracks crowdfunding deal to Phase II

The UK’s competition authority has fast-tracked an in-depth review into a merger between crowdfunding platforms Cloudcube and Seedrs following a request by the companies.

16 November 2020

UK tribunal backs CMA in Facebook exemption dispute

The UK’s specialist competition tribunal has rebuked Facebook for ignoring information requests from the country’s antitrust watchdog when applying for an exemption from an order that required it to stop integrating with Giphy during the enforcer’s review of the deal.

16 November 2020

CMA will open parallel probes to prevent post-Brexit “enforcement gap”

A senior official at the UK’s antitrust agency has said he hopes the enforcer will sign a cooperation agreement with the European Commission by the end of this year, but warned that companies could face parallel investigations in the future.

12 November 2020

CMA economist calls for updated merger rules in digital markets

Merger control rules need amending if competition enforcers are to stop large online platforms from further entrenching their market power through acquisitions, the chief economic advisor at the UK’s Competition & Markets Authority has said.

12 November 2020

Viagogo offers divestment in bid for StubHub merger approval

Viagogo has promised to divest all of StubHub’s ticketing business outside North America in an attempt to dissuade the UK’s antitrust enforcer from blocking the already-completed acquisition of its rival.

11 November 2020

National Grid settles final UK power cables claim

National Grid has settled a claim against Prysmian just before the dispute was scheduled to go to trial, marking the electricity grid operator’s fourth and final settlement with members of the power cables cartel.

11 November 2020

CMA looks to international enforcers for post-Brexit inspiration

The chief executive of the UK’s Competition and Markets Authority has said his agency will look to its counterparts in Japan, Canada, Australia and Brazil as “benchmarks” for what kind of enforcer it wants to be as it prepares to take on more global cases post-Brexit.

10 November 2020

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