Cleary Gottlieb counsel Cunzhen Huang and associates Huanbing Xu and Yiming Sun co-authored “China’s Review of Semiconductor Transactions,” which appeared
CMA Examines UK Labour Markets Amidst Heightened Regulatory Scrutiny
On 25 January 2024, the Microeconomics Unit[1] of the Competition and Markets Authority (CMA) published a report examining competition and market power in UK labour markets (the Report). The Report is the Unit’s first published work, covering developments in the labour markets over the last two decades. Over this period, labour markets have changed significantly through the rise of flexible working and the gig economy (defined as labour services contracted through digital platforms), changes in restrictive covenants (contract clauses that restrict what workers can do after they leave their current employer), and shifts in pay-setting policies. Each of these factors has the potential to impact employer market power.[2]
The French Competition Authority publishes its roadmap for 2024-2025
On February 27, 2024, the French Competition Authority (“FCA”) published its roadmap for 2024-2025 as every year,[1] outlining its enforcement priorities for the year ahead. The FCA emphasized the need to take action in the same key areas of interest as in 2023[2]: (i) the digital economy, (ii) sustainability and the ecological transition, and (iii) the protection of purchasing power.
CMA Publishes Initial Report on AI Foundation Models and Guiding Principles for Firms
On September 18, 2023, the UK Competition and Markets Authority (“CMA”) published an initial report on AI foundation models (“FMs”).
The Merger Control Review, Ed. 14 – European Union
Cleary Gottlieb partner Nicholas Levy and associates Anita Magraner Oliver and Conor Opdebeeck-Wilson co-authored the “European Union” chapter in The
Getting the Deal Through: Dominance 2023
Cleary Gottlieb lawyers have authored and edited Lexology’s Getting the Deal Through Dominance guide 2023, which addresses the most relevant questions on dominance and market power.
The Application Ratione Temporis of the Directive’s Provisions And Conflicting Limitation Periods Under National Laws
Cleary Gottlieb senior attorney Philipp Kirst contributed the chapter “The application ratione temporis of the Directive’s provisions and conflicting limitation periods under national laws” to the Research Handbook on Private Enforcement of Competition Law in the EU, published by Edward Elgar Publishing.
The French Competition Authority publishes its roadmap for 2023-2024
On March 3,2023, the French Competition Authority (“FCA”) published its roadmap for 2023-2024, outlining its enforcement priorities for the year ahead.
The French Competition Authority names the first head of its sustainable development network
Appointment of a sustainability expert
As of September 1, 2022, Elise Provost was appointed first formal head of the French Competition Authority’s (the “FCA”) sustainable development network. Since this network is also responsible for flagging sustainability-related cases to the FCA’s General Rapporteur (i.e., the head of the FCA’s investigation unit), Elise Provost was also appointed adviser to the General Rapporteur as of September 1, 2022.
Chambers Merger Control 2022 Global Practice Guide: UK
Cleary Gottlieb partners Nicholas Levy, Paul Gilbert, and Jackie Holland and associate Courtney Olden co-authored the “UK” chapter of the