In its recent draft annual plan, the Competition and Markets Authority (“CMA”) committed itself “to further step up the pace, scale and impact of our enforcement against anticompetitive or unfair practices.” It therefore intends to increase, to at least six, the number of new civil investigations it undertakes under Chapter I of the Competition Act…
On 1 December 2016, the UK Competition and Markets Authority (“CMA”) obtained a novel “disqualification undertaking” from Daniel Aston, the managing director of online poster supplier Trod Limited, whereby Mr Aston agreed not to act as a director of a UK company for five years. Trod had previously been fined £163,371 for agreeing with a…
A Brexit Competition Law Working Group has been formed, chaired by Sir John Vickers. The other members are Jon Turner QC, Amelia Fletcher, John Fingleton, Sir Nicholas Forwood, Ali Nikpay and Richard Whish. The aim of the group is to stimulate debate and develop practical policy suggestions for Government on issues for UK competition law…
After the UK Brexit referendum of 23 June the implications on the political, economic and legal relations between the UK and the EU have been discussed from many angles. But what about one of the main pillars for the successful integration of the European Single Market: State aid law? Does the end of EU membership…
The result is in. The United Kingdom will leave the European Union, with profound economic, social, and, naturally, legal consequences. As the dust settles, lawyers practising across a wide range of specialisms will be squinting into their crystal balls to identify what the consequences of Brexit will be across the disciplines that are now matters…
Writing from the floor of my office, you will all now be aware that the British public voted in favour of a so-called “Brexit”, or exit from the European Union (“EU“). Before I turn the lights off, I thought I would share the following, which may be of interest to our readers, on the implications…
A “leave” vote in the UK referendum on 23 June 2016 would have a number of repercussions. Competition law is not one of these areas where these repercussions are going to be dramatic, but still a few things both at the UK and at the whole of the (remaining) EU would be different. No major…
In all competition investigations, it is inevitable that the parties under investigation, and often also third parties, will receive numerous information requests and demands to produce documents and provide information. Such requests may be either formal or informal in nature. These are often burdensome, requiring the provision of substantial information and documentation in a short…
A recent report from the National Audit Office has recommended that the Competition and Markets Authority (“CMA”) increase the number of cartel investigations it carries out. A number of recent statements made by senior officials in the CMA’s Cartels and Criminal Group (“CCG”) suggest that the CMA is listening very carefully. The case for more…
In a recent judgment, Property Alliance Group v Royal Bank of Scotland,[1]Property Alliance Group Limited v The Royal Bank of Scotland plc {2015} EWHC 3187 (Ch), available at http://www.bailii.org/ew/cases/EWHC/Ch/2015/3272.html. the High Court has ruled that legal advice privilege applied to documents created by external lawyers whilst advising clients on multiple investigations by competition authorities worldwide…
