First decision under the new national security rules issued

Sep 26, 2022 | National Security

On 14 July 2022, the acquisition by Epiris LLP (a UK private equity firm) of Sepura Ltd became the first transaction to be cleared under the NSI Act, subject to remedies. Sepura is a UK-based developer and supplier of digital radio devices that use Terrestrial Trunked...

New rules on mergers affecting national security enter into force

Jan 4, 2022 | Merger

On 4 January 2022, new rules entered into force that require acquisitions of shares and assets that have implications for UK national security to be notified to the Department for Business for clearance in advance of completion. Failure to get a clearance will render...

The CMA will now fine you, not just your supplier, for RPM

Jun 29, 2020 | CMA

The CMA has today issued the first decision in which it has fined a retailer for resale price maintenance (RPM). To date, fines have only been imposed on the manufacturer or wholesaler requiring that the minimum price be charged to customers. A retailer of musical...

CMA gives reassurance on cooperation for covid response

Jun 11, 2020 | CMA

The CMA has today given businesses reassurance that, if they need to cooperate to respond to the covid crisis this cooperation will not necessarily be treated as a breach of the competition rules. However, the CMA guidance was caveated, maining businesses should still...

CMA accepts Failing Firm Defence due to Coronavirus Crisis

Apr 28, 2020 | CMA

The CMA has made it clear that its substantive assessment of merger clearance applications will not change as a result of the coronavirus crisis. However, while still in line with this approach, the impact of the crisis has led to the CMA’s first provisional decision...