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Articles by Russell Hoare
UK Government publishes key updates to NSI Act guidance
13/06/2024 Overview of the key updates On 21 May 2024 the UK Government published updated guidance on the scope and application of the UK National Security and Investment Act (NSIA). The changes respond to some of the stakeholder feedback received during the Government’s... Read more
CMS advises HICL on £204m portfolio disposal
International law firm CMS has advised FTSE 250 and London-listed investment company HICL on the c. £204m disposal of five assets to John Laing, an international core infrastructure investor. HICL has a current portfolio of over 100 infrastructure investments.
Collaborating with competitors? The CMA issues final guidance on horizontal agreements
26/09/2023 Competition authorities have long sought to strike the right balance between preventing illegal forms of collaboration and allowing businesses to cooperate in a way that will foster innovation and promote competition. Two recent developments have increased the... Read more
“Conduct requirements” and “Pro-Competition Interventions”: New tools in the CMA’s proposed digital regime toolbox
20/09/2023 This is the third in a series of articles analysing specific features of the digital and competition reforms contained in the recently published Digital Markets, Competition and Consumers Bill (the Bill). It follows our first in the series which looked specifically... Read more
The UK’s new digital regime regulating firms with “strategic market status”: who is within scope?
06/06/2023 This is the second in a series of articles analysing specific features of the digital and competition reforms contained in the recently published Digital Markets, Competition and Consumers Bill (the Bill). It follows our initial ‘first impressions’ overview... Read more
The UK’s new digital regime regulating firms with “strategic market status”: who is within scope?
This is the second in a series of articles analysing specific features of the digital and competition reforms contained in the recently published Digital Markets, Competition and Consumers Bill (the Bill). It follows our initial ‘first impressions’ overview of the reforms introduced by the Bill, available here. This article looks more closely at who will be caught by the proposed new digital regulatory regime, and how the designation process will work.
Competition reform and the UK’s answer to Big Tech: the Digital Markets, Competition and Consumers Bill is finally here
Competition reform and the UK’s answer to Big Tech: the Digital Markets, Competition and Consumers Bill is finally here 25/04/2023 On 25 April 2023, the Government published and introduced to Parliament the long-awaited Digital Markets, Competition and Consumers Bill. The Bill’s scope is wide and covers three broad areas: the introduction of a new regulatory framework for large digital...
CMA confirms fines and director disqualification against demolition firms
CMA confirms fines and director disqualification against demolition firms 14/04/2023 Following a long-running investigation, the CMA has confirmed fines for 10 demolition firms totalling nearly £60m as part of an infringement decision that has also result in the disqualification of three directors of two of the firms involved. Issued on 23... Read more Authors Graeme Young Partner Edinburgh Russell Hoare Partner London
CMA confirms fines and director disqualification against demolition firms
Following a long-running investigation, the CMA has confirmed fines for 10 demolition firms totalling nearly £60m as part of an infringement decision that has also result in the disqualification of three directors of two of the firms involved.
Stocktake a year on: how the UK National Security regime applies to the energy sector
The UK Government views the energy sector as a critical part of the economy. Despite the National Security and Investment Act 2021 (“NSIA”) only having been in full force for just over a year now (from January 2022), we have already seen the Investment Security Unit (ISU) taking a keen interest in energy deals across the sector. Below, we set out some key observations emerging from the interventions and guidance to date on how the NSIA is being applied to the energy sector.
UK merger control reform: significant expansion planned in the Digital Markets, Competition and Consumers Bill
UK merger control reform: significant expansion planned in the Digital Markets, Competition and Consumers Bill 04/05/2023 As noted in our recent Law-Now the UK Government has finally published the long-awaited Digital Markets, Competition and Consumers Bill (the Bill).This is the first in a series of articles analysing specific features of the digital and competition aspects of the...
Competition Webinar - Antitrust enforcement and Compliance
Home / Events / Antitrust enforcement and managing compliance ris... Practical guidance and toolkit for compliance Record breaking fines, director disqualification and damages claims highlight the risks to businesses of falling foul of competition law.
Competition Webinar - Foreign direct investment control
Home / Events / Foreign direct investment control in the UK and around... Practical considerations for deal-makers Foreign direct investment (FDI) control plays an increasingly important role in M&A risk assessment. Navigating a plethora of new or expanded regimes adds increasing time and cost to transactions, often making FDI control as important a factor in transactions as merger control.
Competition law compliance risk in the construction sector
The construction sector has been a particular focus of the CMA for a number of years, but is firmly in the spotlight with a number of recent investigations. This is at a time of increasingly challenging market conditions, with inflation and financial instability putting pressure on firms and their employees. Any economist or historian will tell you that in these conditions there is a heightened risk of anti-competitive practices.
Handling the new EU sanctions against Russia
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Life sciences M&A activity during the global pandemic
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