Answer ... Discussions continue as to whether the United Kingdom should move to a mandatory filing regime in line with the rest of Europe and most other jurisdictions globally.
The other major issue is Brexit – which, if it occurs, will almost certainly result in a larger volume of mergers being caught by the UK regime. The Competition and Markets Authority (CMA) is hiring staff in expectation of this increase.
There are no immediate legislative reforms – the recent changes to the filing thresholds for ‘relevant enterprises’ have yet to be fully assessed. The trend for more challenges to CMA decisions looks set to continue in the area of merger control as well as other areas of competition law.