The UK Competition and Markets Authority (“CMA”) has opened an investigation into the proposed private equity consortium takeover of Inmarsat. Inmarsat is the UK headquartered leading global mobile satellite communications provider of connectivity to ships, aircraft, and generally to locations not covered by traditional mobile networks. Moreover, it is reported that the CMA has also…
Preiskel & Co Partner Tim Cowen’s 2014 article questions whether the process of merger control is adequate to consider wider public interest issues. Last year the UK parliament introduced new threshold tests for merger control where the businesses concerned are involved in the provision of critical national infrastructure. With further reform in this area expected,…
Reforms to the UK merger regime entered into force in June 2018. The reforms are designed to address concerns regarding the security of critical national infrastructure. In particular, the Government has amended the threshold tests for businesses in the military, dual-use, and quantum computing sectors. Pursuant to the Enterprise Act 2002 (Turnover Test) (Amendment) Order…
The government has implemented its plans to amend the merger control thresholds in order to address national security concerns, initially set out in a Green Paper in October. In May the government published the Enterprise Act 2002 (Share of Supply Test) (Amendment) Order 2018 and the Enterprise Act 2002 (Turnover Test) (Amendment) Order 2018, which…
On Monday the Preiskel and CEG teams were delighted to host a seminar discussing various concerns and potential changes regarding competition and regulatory policy. The first panel focused on regulation and oligopoly in telecoms markets. Debate included whether oligopoly led ipso facto to bad consumer outcomes or whether there is scope for oligopoly to lead…
Preiskel & Co are co-hosting a seminar with CEG Europe on the afternoon of 11 September 2017. The event will comprise of the following three panel discussions: Regulation of Oligopoly in telecoms markets: Issues for infrastructure investment. Considerations of concentration on the value chain (use of networks by content players and ISPs and the impact on the…
