Competition Law and Antitrust Law

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Article
Subsidy Control: Key Lessons From A Recent Competition Appeal Tribunal Decision
The UK's subsidy control regime faces its latest legal test as the Competition Appeal Tribunal examines whether a £70 million grant to National Lottery operators constitutes unlawful state aid. This case provides crucial insights into how courts interpret the 'economic advantage' test and what constitutes commercial market behavior under the Subsidy Control Act 2022.
United Kingdom Anti-trust
Sa
Shepherd and Wedderburn LLP
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Consumer Law: £4.2m Fine On AA Shows CMA Means Business
The Competition and Markets Authority has issued its first infringement decision under the UK's new consumer enforcement regime, fining the AA £4.2 million for misleading pricing practices and requiring substantial consumer refunds. This landmark case signals a fundamental shift in UK consumer protection enforcement, with businesses now facing significantly tougher penalties including fines up to 10% of turnover and mandatory consumer redress schemes.
United Kingdom Anti-trust
TS
Travers Smith LLP
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Article
Q1 2026 Transport M&A Review: Deal Activity Inflects Upward As Strategic Buyers Consolidate A Still Oversupplied Freight Market
Freight transport M&A showed signs of recovery in Q1 2026, with deal volume rising approximately 5% and capital concentrating in larger strategic transactions. North American activity surged back to pre-Liberation Day levels, while geopolitical risks and structural oversupply continued to reshape buyer strategies and underwriting models across the sector.
United Kingdom Commercial
A
AlixPartners
Article
Private Equity In Sports – What Is Prompting The Boom In Investment?
Over the past two decades, the value of sports franchises and related assets has skyrocketed, with rapid revenue growth across various commercial streams including the more traditional broadcasting and sponsorship (both now of course more global than ever), to new commercial tie ups and off field year round monetisation of stadia. While the skyrocketing valuations have prompted some commentators to argue that we could be witnessing the formation of a "sports bubble", this does not seem correct to us.
United Kingdom Commercial
TS
Travers Smith LLP
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