Introduction
This update covers Q1 2017.
In it, I investigate three questions.
- Whether the CMA’s willingness to accept undertakings in lieu (“UILs”) in phase 1 has increased in the last two years and, if so, why?
- What impact, if any, will Brexit have on UILs?
- Whether the CMA’s willingness to use GUPPI and IPR is declining?
In the second half of this update, I round up Q1 developments in de minimis and exiting firm.
To read this update please click here.