On 25 April 2023, the UK government published the Digital Markets, Competition and Consumers Bill (Bill), which will introduce wide-ranging amendments to the UK competition and consumer law regimes that expand the powers of the Competition and Markets Authority (CMA) and significantly alter the merger control and antitrust investigation processes. Key changes include: Merger control: New filing thresholds for “killer acquisitions” of nascent businesses, which will eliminate the need for an overlap between merging parties’ activities in the UK where one party has a high share of supply (at least 33%) and substantial UK presence (turnover exceeding £350 million). Higher jurisdictional thresholds that will (i) raise the turnover threshold, and (ii) exempt deals between small businesses from
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The UK Government introduces the Digital Markets, Competition and Consumers Bill to revamp the merger control regime for the digital age
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