The UK Government lowers the notification thresholds of merger control relevant to the UK national security and issues new powers of investigations

The UK government passed reforms on 21 July 2020 lowering the thresholds to intervene in mergers and acquisitions considered relevant to UK national security in the artificial intelligence, cryptographic authentication, and advanced materials sectors. Longer term the UK government is planning to pass further legislation to obtain additional powers of intervention in mergers impacting UK national security. As noted in our recent LawFlash: New Powers for the UK Government to Intervene in Transactions Impacting Public Health Emergencies and National Security, the UK Parliament has now passed an amendment to the UK merger control regime on 21 July 2020, establishing new lower thresholds to enable the UK government to intervene in transactions in the artificial intelligence, cryptographic

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Authors

  • Morgan Lewis (London)
  • Morgan Lewis (London)
  • Morgan Lewis (London)

Quotation

Savas Manoussakis, Joanna Christoforou, Omar Shah, The UK Government lowers the notification thresholds of merger control relevant to the UK national security and issues new powers of investigations, 21 July 2020, e-Competitions July 2020, Art. N° 96012

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