The UK Government recently announced a series of reforms for strengthening the UK competition regime, including measures that will increase penalties for non-compliance, speed up antitrust investigations and permit better scrutiny of certain mergers – in particular, ‘killer acquisitions’ threatening nascent competition. Aiming to produce a “best in class” competition regime, these reforms signal the most significant changes to UK competition law in 25 years. Most notably, the reforms will result in a stronger (and potentially more interventionist) CMA, albeit a regulatory watchdog more overtly subject to government influence despite its increased powers.
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