Richard Pepper

Macfarlanes (Brussels)
Partner

Richard Pepper is a Partner at Macfarlanes. He advises on European and UK antitrust law. He has extensive experience in global merger control and FDI reviews, representing clients in cartel and behavioural investigations, and counselling on all aspects of antitrust law. Richard Pepper works across a wide range of industries, including consumer goods, financial services, healthcare, mining, manufacturing, petrochemicals, private equity, technology, telecommunications, and transportation. He also teaches antitrust law at the Catholic University of Lille.

Linked authors

Macfarlanes (Brussels)
Macfarlanes (London)

Articles

12771 Bulletin

Maurits J. F. M. Dolmans, Robbert Snelders, Richard Pepper, Frédéric de Bure, Laura Chovet-Ballester, Giulio Cesare Rizza, Romina Polley The EU Commission publishes a call for contributions to determine if and how competition policy can better support the European Green Deal

557

On October 13, 2020, the European Commission published a call for contributions to determine if and how EU competition policy can better support the European Green Deal. The European Green Deal is a comprehensive action plan aimed at making Europe the world’s first climate neutral continent by (...)

Nicholas Levy, Maurits J. F. M. Dolmans, Romano F. Subiotto, Paul Gilbert, Richard Pepper, Paul Stuart, John Messent The UK Government prohibits acquisition of a national supplier of military aircraft components on national security grounds (Gardner Aerospace / Impcross)

148

On 5 September 2020, the UK Government accepted undertakings from Gardner Aerospace Holdings Limited not to proceed with its proposed acquisition of Impcross Limited, a UK-based manufacturer of components for the aerospace industry (including for military aircraft). Gardner is owned by (...)

Maurits J. F. M. Dolmans, Nicholas Levy, Romano F. Subiotto, Paul Gilbert, Richard Pepper The UK Competition Authority consults on amending guidance on applications for leniency and no-action in cartel cases

100

The CMA’s Guidance on applications for leniency and no-action in cartel cases provides detailed guidance on the principles and process for leniency applications. On 30 July 2020, the CMA invited comments on a proposed addendum to clarify the way the CMA will exercise its discretion in relation (...)

John Messent, Paul Stuart, Richard Pepper, Paul Gilbert, Nicholas Levy, Maurits J. F. M. Dolmans The UK Government introduces measures allowing it to intervene in merger transactions to mitigate the effects of public health emergencies following the COVID-19 pandemic

381

On 22 June 2020, the UK Government introduced new measures allowing it to intervene in merger transactions “to maintain in the United Kingdom the capability to combat, and to mitigate the effects of, public health emergencies." The Government will be able to intervene on these grounds in any (...)

Paul Gilbert, Henry Mostyn, Romi Lepetska, Richard Pepper The UK Supreme Court dismisses the two largest payment processing networks’ arguments on the basis that their multilateral interchange fees restricted competition but upholds grounds of appeal concerning the application of the “passing on” defense (Sainsbury’s / Visa / MasterCard)

327

On 17 June 2020, the Supreme Court handed down a much anticipated judgment concerning the default multilateral interchange fees (MIFs) set by Mastercard and Visa (together, the Appellants). The case considered appeals relating to three separate damages actions brought by retailers against the (...)

Francisco Enrique González-Díaz, Patrick Bock, Nicholas Levy, Marco D’Ostuni, Séverine Schrameck, Richard Pepper The EU General Court overturns the EU Commission’s prohibition of a mobile telecommunications merger (Telefónica UK / Hutchison 3G UK)

199

In a landmark Judgment delivered on May 28, the General Court overturned the European Commission’s 2016 prohibition of the Three/O2 UK mobile telecommunications merger. The Judgment raises the bar for the Commission in respect of (1) the legal standard the Commission must meet; (2) the closeness (...)

George S. Cary, Maurits J. F. M. Dolmans, Bruce Hoffman, Thomas Graf, Leah Brannon, Richard Pepper, Henry Mostyn, Alexis R. B. Lazda, Savannah Haynes, Kristi Georgieva, Jan Przerwa Exploitative abuses, price gouging & COVID-19: The cases pursued by EU and national competition authorities

6721

The COVID-19 pandemic has led to extreme demand and price volatility for certain products, as well as fluctuations in firms’ costs. As firms struggle to manage these changes, agencies are aggressively seeking to show they are preventing consumer exploitation—for example, as a result of (...)

François-Charles Laprévote, Richard Pepper Competition policy & COVID-19: An overview of antitrust agencies’ responses

2674

The COVID-19 pandemic creates unprecedented issues for businesses and the global economy as a whole. The antitrust community is at the early stages of reacting to the situation: agency staff are working hard to keep the wheels on their existing workload, while taking steps to alleviate immediate supply and liquidity issues; meanwhile, the antitrust bar has started to debate with characteristic alacrity the appropriate short, medium, and even long-term responses to the challenges raised by the outbreak.

Edward Crane, Aurèle Delors, John Messent, Francesco Iodice, Mirko von Bieberstein, Michael J. Ulmer, Giuseppe Scassellati-Sforzolini, Nicholas Levy, François-Charles Laprévote, Richard Pepper, Konstantin Bondarenko The EU Commission issues guidance on the screening of foreign direct investments in the context of the COVID-19 pandemic

939

In a March 25, 2020 communication, the European Commission (“EC”) issued guidance on the screening of foreign direct investments (“FDI”) in the context of the COVID-19 pandemic. The communication identifies an increased risk of attempts by non-EU acquirers to obtain control over suppliers of (...)

Alexis R. B. Lazda, Savannah Haynes, Bruce Hoffman, Richard Pepper, Konstantin Bondarenko, Wanjie Lin, Anita Ng The World’s Authorities present steps to minimise the impact of COVID-19 on antitrust related issues that businesses may confront in the coming days of the outbreak

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I. INTRODUCTION The COVID-19 pandemic presents unprecedented issues for businesses and we recognize that antitrust is unlikely to be your most important concern at this time. However, some forethought may mitigate risk of future exposure, and position your business as well as possible in this (...)

François-Charles Laprévote, Richard Pepper, Séverine Schrameck, Aurèle Delors The EU Parliament and Council enact a regulation establishing a framework for the screening of foreign direct investments into the EU

47

On October 11, 2020, the EU Foreign Direct Investment Regulation—which establishes a European framework for the screening of foreign investments into the European Union— entered into force. The legislation attempts to address growing concerns (compounded by the COVID-19 pandemic) regarding (...)

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