Work Area: Merger Control

Concerns linger about transparency under UK’s foreign investment regime

The UK's new foreign investment control regime continues to suffer from a lack of transparency and certainty, which is damaging the credibility of the system, lawyers have warned.

09 December 2022

FTC: Microsoft buying Activision to win “console wars”

The Federal Trade Commission has sued to block Microsoft’s proposed $69 billion purchase of Activision, alleging the deal would increase its incentive to withhold or degrade video games from rivals like Sony.

09 December 2022

Egypt prepares for long-awaited merger control regime

Egypt’s parliament has approved landmark legislation to enact a mandatory merger control regime that will give the country’s competition authority the power to block and remedy deals.

08 December 2022

CFIUS official: Legacy tech can cause national security threats

A top US foreign investment review official has said legacy technology can be just as important as “state of the art” technology from a national security perspective.

08 December 2022

Canadian government proposes overhaul of FDI regime

Canada has proposed several amendments to its foreign investment control law, including a new pre-implementation filing requirement for certain investments in prescribed sectors and higher penalties for noncompliance.

08 December 2022

DOJ, FTC and CMA officials to headline GCR Live: Law Leaders Global

Tickets are now available for GCR Live: Law Leaders Global in Miami, where enforcers, lawyers and economists from the EU, US and UK are set to gather in February.

08 December 2022

Survey finds merger control more opaque and combative under Biden

Merger reviews by the US antitrust agencies have become less transparent and more adversarial during the Biden Administration, particularly at the Federal Trade Commission, a survey of industry practitioners has found.

08 December 2022

CMA likely to accept divestiture offer in Baker Hughes acquisition

The UK’s antitrust enforcer has said it plans to accept Baker Hughes’ offer to divest its entire UK coiled tubing and pumping business to resolve concerns that the company’s purchase of Altus Intervention could leave oil and gas operators worse off.

07 December 2022

Finnish companies restructure JV to avoid in-depth probe

One of Finland’s largest energy companies and a local heat pump supplier have withdrawn a joint venture notification to the country's competition authority during a Phase II probe after indicating they will restructure the deal so it no longer hits turnover thresholds.

07 December 2022

UK conditionally clears pair of foreign investments

The UK government has imposed national security-related remedies on the acquisition of UK eSIM company Truphone by a pair of European billionaires, on the same day it also placed restrictions on a Chinese electric power company’s acquisition of control over a London-based construction company.

06 December 2022

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