Podcast Location:
Download it here [file size: 55.5 MB]
Categories:
Competition Law & Anti-Trust
CPD Points:
Up to 1 point. details »

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Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast aims to outline the driving forces behind the UK Government’s proposals for reforming the competition law regime. It considers the merger control regime and the amalgamation of the Office of Fair Trading (OFT) and the Competition Commission (CC) to create the Competition and Markets Authority’s (CMA). It also addresses the new statutory time limit for the CMA to issue a Phase 1 decision, proposals in the Enterprise and Regulatory Reform Bill 2012-13 with regard to the removal of the ‘dishonesty’ element from the cartel offence contained in the Enterprise Act 2002 and strengthening of the antitrust regime in an attempt to provide greater procedural fairness, particularly by providing for a clearer separation of powers between investigators and those taking the final decision.

Outcomes:
After completing the course you will:
  • Understand the scope and purpose of the market investigations procedure;
  • Understand the UK Government’s objectives for merging the OFT and the CC to create the CMA;
  • Be aware of the statutory time limit for the CMA to issue a Phase 1 decision and the likely impact of this;
  • Have considered the UK Government's decision to grant the CMA the power to impose financial penalties on parties that decide to take integration measures in breach of CMA orders;
  • Be aware of the proposed changes within the Enterprise and Regulatory Reform Bill concerning removal of the ‘dishonesty’ element from the cartel offence contained in the Enterprise Act 2002.
Level:
General Interest Difficulty: 2 of 5
Classification:
Legal Principles
Legislative Updates
Market Update / Hot Topic
Sources and References:
  • Enterprise Act 2002;
  • Enterprise and Regulatory Reform Bill 2012-13.

In this podcast Euan Burrows, Alexi Dimitriou and Ruth Sander from Ashurst provide a detailed outline of the new competition law regime, reforms to Phase 1 and Phase 2 of the market investigations regime and strengthening of the antitrust regime.

Date Recorded: 21st February 2013

NEW! TRANSCRIPT INCLUDED IN ADDITIONAL INFORMATION

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