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UK and EU competition law highlights: CMA consultations, SMS regime and DMBC, Spreadex/Sporting Index, CAT BSV/Merricks, CJEU antitrust and State aid, FSR guidance—1 August 2024

Published on: 01 August 2024

Published by a LexisNexis Competition expert
Legal News
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In this issue:

  • UK competition policy
  • UK antitrust
  • UK mergers
  • National Security and Investment Act 2021
  • UK private actions
  • UK digital markets
  • EU antitrust
  • EU Foreign Subsidies Regulation
  • EU State aid
  • LexTalk®Competition: a Lexis®Nexis community
  • Daily and weekly news alerts
  • New and updated content
  • Caselex

UK competition policy

Government launches consultation on turnover and control regulations under the Digital Markets, Competition and Consumers Act

The Department of Business and Trade (DBT) has published a consultation on three draft regulations which, for purposes of the Digital Markets, Competition and Consumers Act 2024 (DMCCA 2024), explain how turnover is to be estimated or calculated and when a person is regarded as having control of an enterprise. The draft regulations are:

  • Competition Act 1998 (Determination of Turnover for Penalties): sets out the approach to calculating the relevant turnover of undertakings for the new turnover-based civil penalties for contraventions of certain investigative measures and information requirements, and for failures to comply with interim measures, commitments and directions under the Competition Act
  • Enterprise Act 2002 (Mergers and Market Investigations) (Determination of Control and Turnover for Penalties) Regulations 2024...

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