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Tag Archives: Competition and Markets Authority

FCA Issues New Rules on Insurance Pricing Practices

The new rules follow coordinated regulatory and antitrust scrutiny of overcharging loyal customers. By David Little, Victoria Sander, Gregory Bonné, and Anuj Ghai On 28 May 2021, the FCA published a policy statement setting out new pricing practices rules for insurers and insurance distributors. The new rules follow a September 2020 consultation paper and final … Continue Reading

CMA Launches Online Service for Reporting COVID-19-Related Unfair Commercial Practices

The new service encourages UK consumers to report exploitative sales and pricing practices. By John D. Colahan and Anuj Ghai On 4 April 2020, the Competition and Markets Authority (CMA) launched an online service called “Report a business behaving unfairly during the Coronavirus (COVID-19) outbreak” (the Online Service) to allow businesses and consumers to report … Continue Reading

Protect Your Antitrust Privilege — Why M&A Dealmakers Must Take a Strategic Approach to Privilege

Companies must mitigate risks to antitrust privilege posed by cross-border megadeals and increased regulatory demand for documentation. Richard Butterwick, John Colahan, Martin Davies, Jonathan Parker, Oliver Middleton, Gregory Bonné, and Catherine Campbell A strong M&A market has driven a high volume of megadeals across the globe in recent years, with acquirers turning to ambitious transactions. Antitrust issues frequently arise … Continue Reading

CMA Imposes Fixed Penalty on Hungryhouse for Failure to Comply With Information Request

By Jonathan Parker and Anuj Ghai Summary The Competition & Markets Authority (CMA) has imposed a £20,000 fixed penalty on Hungryhouse Holdings Limited (Hungryhouse). The CMA imposed the penalty under Section 110 of the Enterprise Act 2002 (EA02) for failure to comply, without reasonable excuse, with a requirement the CMA issued in a notice pursuant to section … Continue Reading

CMA Updates its Penalties Guidance for UK and EU Competition Law Infringements

By Jonathan Parker and Calum Warren On 2 August 2017, the UK Competition and Markets Authority (CMA) launched a consultation on proposals to amend the Office of Fair Trading’s 2012 guidance as to the appropriate amount of a penalty for infringements of the prohibitions against anti-competitive agreements and an abuse of a dominant position contained … Continue Reading

UK Competition and Markets Authority Increases Thresholds in Updated “De Minimis” Guidance

By John Colahan, Jonathan Parker and Calum Warren On 16 June 2017, following a public consultation on proposed changes, the UK Competition and Markets Authority (CMA) published the “Mergers: Exception to the duty to refer in markets of insufficient importance” guidance, which increases the thresholds for the application of the CMA’s so-called “de minimis” (or … Continue Reading

Competition Appeal Tribunal Refuses Interim Relief in Pharma Pricing Case

By Jonathan Parker, Hanna Roos, Hayley Pizzey and James Fagan The Competition Appeal Tribunal (the CAT) in the UK heard on 17 January 2017 an application by Flynn Pharma Ltd and Flynn Pharma (Holdings) Ltd (together Flynn) to suspend the Competition and Markets Authority’s (the CMA) direction to reduce the price of an epilepsy drug. … Continue Reading

Meeting Your Competitors – Think Before You Speak!

By Hayley Pizzey On 19 December 2016 the Competition and Markets Authority (CMA) issued two competition law infringement decisions in its galvanised steel tanks investigation. Cylindrical galvanised steel tanks store water in large buildings and supply the water for fire sprinkler systems. The first decision relates to a cartel (the main cartel). The second decision … Continue Reading

CMA Taking Increasingly Intrusive Approach To Monitoring UK Deals

By Jonathan Parker Since its launch in April 2014, the Competition and Markets Authority (CMA) has played a crucial role in determining the outcome of some of the UK’s headline deals. Last year alone, the CMA scrutinised over 60 deals including Poundland’s takeover of 99p Stores, and ran the rule over bookmaker Ladbrokes’ takeover of … Continue Reading
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