Herbert Smith Freehills (London)

Veronica Roberts

Herbert Smith Freehills (London)
Partner

Veronica Roberts is a partner at Herbert Smith Freehills’ London office. She specialises in EU and UK competition law, and has experience working in Brussels and London. Veronica is head of the firm’s global Foreign Investment group and is global co-head of the firm’s Technology, Media and Telecoms sector. Veronica has an outstanding record of dealing with high profile competition investigations and merger/foreign investment clearances in the UK, EU and worldwide. She has extensive experience of working with the CMA (Competition & Markets Authority), Ofcom, Ofgem, the Investment Security Unit (ISU) and the European Commission. Veronica gave evidence to the House of Commons when the UK’s new FDI/NSI regime was being formulated and has advised clients on many NSI filings, including a number of the conditional clearances issued by the ISU.

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Herbert Smith Freehills (Melbourne)
Herbert Smith Freehills (London)
Herbert Smith Freehills (Johannesburg)
Herbert Smith Freehills (London)
Herbert Smith Freehills (London)

Articles

8244 Bulletin

Veronica Roberts, Ali MacGregor, Ruth Allen The UK Government publishes the updated Market Guidance to provide for more transparency and certainty in the National Security and Investment regime

57

Moves towards greater transparency under the UK National Security and Investment Act?* The National Security and Investment Act 2021 (NSIA) introduced a new standalone UK regime for the review of certain transactions and investments on national security grounds, which entered into force in (...)

Stephen Wisking, Susan Black, Veronica Roberts, Kristien Geeurickx, Alexander Rickets The UK Government introduces a Bill before Parliament which would hand new powers to the Competition Authority to regulate digital markets

158

The Digital Markets, Competition and Consumer Bill (DMCC Bill) has now been published and introduced before Parliament. This Bill is long awaited, having been delayed by parliamentary priorities and timing considerations. Its scope and implications are wide-ranging, and follow on both from a (...)

Veronica Roberts, Kristien Geeurickx, Clémence Barraud The UK Competition Appeal Tribunal sets aside the decision of the Competition Authority on MFC clauses on the grounds that it had not demonstrated any appreciable adverse effects on competition to the requisite legal standard (ComparetheMarket)

105

On 8 August 2022 the Competition Appeal Tribunal (CAT) set aside the CMA’s infringement decision in its Compare The Market investigation relating to the use of wide MFN clauses. The CAT concluded that the CMA’s definition of the relevant market in the decision was materially wrong and that (...)

Stephen Wisking, Veronica Roberts, Kristien Geeurickx The UK Government publishes its response to the consultation proposing a wide range of far-reaching changes to the competition and consumer protection regimes

422

On 20 April 2022 the UK government published its response to the consultation launched in July 2021, proposing a wide range of far-reaching changes to the UK competition and consumer protection regimes (see our blog post on the consultation here). Taking into account the feedback received from (...)

Joseph Falcone, Kyriakos Fountoukakos, Daniel Vowden, Veronica Roberts The EU Commission issues Guidance on FDI from Russia and Belarus and calls for greater scrutiny due to increased risk of harm to security or public order

178

On 6 April 2022, the European Commission (“Commission”) issued Guidance to Member States on how to screen foreign direct investment (“FDI”) from Russia and Belarus into the EU, in light of the ongoing military conflict in Ukraine (“FDI Guidance”). Following Russia’s unjustified attack (...)

Veronica Roberts, Tim Briggs, Kristien Geeurickx The UK Government releases the National Security and Investment Act, introducing a new foreign direct investment regime with standalone powers for the review of FDI

354

On 4 January 2022 the UK National Security and Investment (NSI) Act enters into force, introducing a new foreign direct investment (FDI) regime with standalone powers for the review of FDI in the UK. The new regime replaces the existing public interest merger regime provisions of the (...)

Veronica Roberts, Tom Kemp The UK Government announces the commencement date of the substantive provisions of the National Security and Investment Act and publishes guidance for businesses

269

On 20 July 2021, the UK Government announced the commencement date of the substantive provisions of the National Security and Investment Act 2021 (the “Act“), and published new guidance for business on the requirements of the Act, new Draft Notifiable Acquisition Regulations, and a new (...)

Stephen Wisking, Veronica Roberts, Kristien Geeurickx The UK Government launches a consultation on a wide range of far-reaching changes it is proposing to the UK competition and consumer protection regimes

400

On 20 July 2021 the UK government launched a consultation on a wide range of far-reaching changes it is proposing to the UK competition and consumer protection regimes. As a result of Brexit the UK is now in a position to decide, independently from the EU Commission, how it promotes and (...)

Veronica Roberts, Susan Black, Kristien Geeurickx The UK Competition Authority publishes consultation on its proposed recommendations to the Government on the future of the retained vertical agreements block exemption regulation

400

On 17 June 2021 the CMA published a consultation on its proposed recommendations to the Secretary of State on the future of the retained vertical agreements block exemption Regulation (VBER). At the end of the Brexit transition period the EU VBER became retained EU law in the UK, until its (...)

Veronica Roberts, Daniel Vowden, Kristien Geeurickx The UK Competition Appeal Tribunal confirms the Competition Authority’s broad approach to the share of supply test resulting in the decision to block the merger between two software suppliers in a first case where the cartelist’s fine is reduced due to implementing a compliance program (Sabre / Farelogix)

245

In its judgment of 21 May 2021 the Competition Appeal Tribunal (“CAT”) upheld the CMA’s approach in applying the share of supply test to assert jurisdiction over Sabre’s acquisition of Farelogix, (with the CMA ultimately prohibiting the transaction following an in-depth investigation). The CAT (...)

Emily Barry, Helen Beatty, John Chetwood, Veronica Roberts, Ruth Allen The UK Parliament welcomes the National Security and Investment Act to review transactions on national security grounds, and potentially prohibit their completion or require remedies to allow them to proceed

238

On 29 April 2021 the National Security and Investment (NSI) Bill received Royal Assent. The NSI Act 2021 introduces significant legislative reforms which will overhaul the ability of the UK Government to review transactions on national security grounds, and potentially prohibit their (...)

Kyriakos Fountoukakos, Mark Jephcott, Veronica Roberts, Daniel Vowden, Kristien Geeurickx The UK Government and the EU Commission agree on a trade and cooperation act detailing the applicability of both merger control regimes after Brexit

177

On 1 January 2021, with the end of the Brexit transition period, the UK entered the real world of Brexit. This has immediate implications for merger control both in the UK and the EU. Any companies involved in deals need to be aware of the impact. As of 1 January 2021 the EU Merger (...)

Veronica Roberts, Kyriakos Fountoukakos, Kristien Geeurickx, Christon Shenolikar The EU General Court annuls the Commission’s decision prohibiting an oligopolistic merger between two mobile network operators in the telecommunication sector on the basis that it did not result in the creation or strengthening of a dominant position (Telefónica UK / Hutchison 3G UK)

655

On 28 May 2020 the General Court handed down its ruling in CK Telecoms UK Investment Ltd v European Commission (Case T-399/16) in which it annulled the EU Commission’s decision which prohibited the proposed acquisition by CK Hutchison Holdings Ltd (Hutchison) of Telefónica Europe plc (O2). The (...)

Veronica Roberts, Daniel Vowden, Ruth Allen, Kristien Geeurickx The UK Competition Authority announces its provisional clearance of a proposed acquisition of a stake in a food delivery company in its first application of “failing firm” defence during the COVID-19 pandemic (Amazon / Deliveroo)

2115

On 17 April 2020 the CMA announced its provisional clearance of Amazon’s proposed acquisition of a stake in Deliveroo. The transaction was referred for an in-depth Phase 2 investigation in December 2019, in light of concerns about the impact on competition for the supply of online restaurant (...)

Veronica Roberts, Ruth Allen The UK Competition Authority publishes an unwinding order for the reversal of integration steps in a completed merger of financial service firms(Bottomline / Experian Payments Gateway)

23

On 6 August 2019 the UK Competition and Markets Authority (CMA) published an unwinding order requiring the reversal of post-completion integration steps taken in the completed acquisition by Bottomline Technologies Limited (Bottomline UK) of Experian Limited’s Experian Payments Gateway (...)

Stephen Wisking, Veronica Roberts, Kyriakos Fountoukakos, Kristien Geeurickx The UK Competition Appeal Tribunal upholds the Competition Authority’s first infringement decision for breach of an interim order in a merger investigation (Electro Rent)

115

On 11 February 2019 the Competition Appeal Tribunal (CAT) upheld the CMA’s first infringement decision for breach of an interim order imposed on a completed merger under investigation. Electro Rent had served a break notice on the lease of its UK premises without first seeking the CMA’s (...)

Alex Kay, Tim Briggs, Veronica Roberts The UK Government publishes its green paper for consultation containing proposals to extend the national merger control public interest intervention regime

59

On 17 October 2017 the Department for Business, Energy & Industrial Strategy (BEIS) published its long-awaited Green Paper National Security and Infrastructure Investment Review for consultation. The Green Paper contains proposals to extend the UK merger control public interest (...)

Statistics


8244
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Number of contributions

Author's ranking
388th
In number of contributions
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