In March 2021, the Competition & Markets Authority (CMA) published its revised Merger Assessment Guidelines (MAGs) along with a Quick Guide, complementing the revision of its Guidance on jurisdiction and procedure, which was published in December 2020. The updated MAGs underpin the CMA’s ambitions now that it is no longer part of the EU merger control regime’s “one-stop shop”. To that end, businesses need to be aware of the key changes in how the CMA approaches merger control in the UK and where deals may be caught given the CMA’s well-documented interventionist approach to transactions. Even though the UK regime may still be voluntary (seemingly in name only), businesses would be well-advised to pay attention to UK merger control. If the CMA finds it has jurisdiction over an
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The UK Competition Authority publishes its revised Merger Assessment Guidelines along with a quick guide complementing the revision of its Guidance on jurisdiction and procedure
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