Search results

Please enter search term
Competition and Regulatory Newsletter: European General Court provides insight into European Commission’s screening of earnings calls for “public signalling”, and confirms their relevance in antitrust enforcement, as it partially annuls Michelin inspection decision On 9 July 2025, the European General Court (GC) handed down its judgment (currently available only in French) on an action brought by Michelin seeking the annulment of a European Commission decision ordering Michelin to submit to an unannounced inspection...
Merricks v Mastercard (settlement approval decision) In an important judgment published on 20 May 2025, the Competition Appeal Tribunal (the “CAT”) approved the settlement proposed by the parties in the long-running dispute between Merricks and Mastercard. Below we provide a detailed overview of the...
The Lens Newsletter - July 2025 A selection of our latest blogs on all things digital from our experts and thought leaders here at Slaughter and May. Long awaited GPAI guidelines published ahead of 2 August deadline Following hot on the heels of the general-purpose AI (GPAI) Code of...
The Independent Water Commission Final Report: A deluge of reforms on the horizon A single, new integrated water regulator; new consumer protections; and stronger oversight of water company ownership and governance – these are among the 88 recommendations set out in the final report of the Independent Water Commission (Commission) in...
Streamlining the SMCR: unpacking the Leeds reforms HM Treasury, the PRA and the FCA have published consultation papers on reforming the Senior Managers and Certification Regime (SMCR). This follows the regulators’ joint discussion paper (FCA DP23/3 and PRA DP1/23) on reviewing the operational aspects of...
SAMR Issues Three Conditional Clearances after Year-long Hiatus: A Green Light for Dealmakers? Almost a year since its last conditional clearance decision, the Chinese competition authority, the State Administration for Market Regulation (SAMR), recently conditionally cleared three deals within the span of four weeks. These decisions include deals...
The Leeds Reforms 2025: Key takeaways and implications
Hong Kong launches stablecoin regime Key takeaways Hong Kong has established a comprehensive regulatory regime on the issuance, offering and marketing of fiat-referenced stablecoins, with the Stablecoins Ordinance coming into effect on 1 August 2025. Issuers, distributors and other...
Competition and Regulatory Newsletter: CMA details new approach to implementing “4Ps” in markets work The UK’s Competition and Markets Authority has set out how it plans to embed its "4Ps" framework its markets work, describing the development as a “step change to how the markets regime operates”. The UK’s Competition and Markets Authority has set out how...
Regulated Asset Base Models: Their role in energy and infrastructure investment in the UK The Regulated Asset Base (RAB) model is a tried and tested method used in the UK to finance major infrastructure assets. The model aims to strike a balance between delivering value for money to consumers and providing long-term stability for investors....