Our regular updates cover key developments in the application of competition law to the financial sector in the UK in recent months. In this update, we focus in particular on the intersection between Big Tech’s presence in the financial sector and UK competition law, the entry into effect of new UK and EU subsidy control regimes and the latest developments in ongoing class action and cartel cases, as well as in the Competition and Markets Authority’s (CMA) continued enforcement of open banking in the UK.
1 MAR 2023Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this issue, we focus in particular on the Financial Conduct Authority’s (FCA) and the Competition and Markets Authority’s (CMA) continued enforcement of competition in the financial sector and open banking in the UK, as well as recent developments showing that the CMA’s tough stance on mergers is unlikely to change any time soon.
1 JUN 2023Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector
1 NOV 2023Matthew Sinclair-Thomson, Loukia Kopitsa and Chloe Temmerman of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector
1 MAR 2024