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UK and EU competition law: NSI reforms and report; CMA merger reference; water sector overhaul; merger gun-jumping, antitrust and FSR updates—24 July 2025

Published on: 24 July 2025

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

  • UK NSI Act
  • UK mergers
  • UK competition policy
  • EU mergers
  • EU antitrust
  • EU Foreign Subsidies Regulation
  • New and updated content
  • Daily and weekly news alerts
  • Caselex

UK NSI Act

Government consults on proposed reforms to the NSI Act 2021 mandatory notification regime

The UK Government has launched a consultation on proposed revisions to the National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021, which determine the scope of mandatory filings under the NSI Act. This follows the 2024 statutory review of the NARs and engagement through the 2023 Call for Evidence. The Government sets out targeted adjustments intended to keep the regime proportionate and effective at capturing national security risks in sensitive parts of the UK economy, whilst ensuring that the vast majority of transactions remain outside its reach.

Key proposals include:

  • New standalone mandatory notification areas: creating two separate categories for Semiconductors and for Critical Minerals, both of which are currently included within the Advanced Materials sector...

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