The Legal 500

RPC

TOWER BRIDGE HOUSE, ST KATHARINE'S WAY, LONDON, E1W 1AA, ENGLAND
Tel:
Work 020 3060 6000
Fax:
Fax 020 3060 7000
DX:
600 LONDON/CITY
Web:
www.rpc.co.uk
Email:
Singapore, London, Hong Kong, Bristol

Stephen Smith

Tel:
Work +44 20 3060 6527
Email:
RPC

Work Department

Antitrust/competition.

Position

Stephen is a competition lawyer with extensive experience across a broad range of EU and UK competition law matters, including merger control, cartels and behavioural antitrust advice on anticompetitive agreements and abuse of dominance. In addition, Stephen has valuable experience working within a competition regulator, having spent time as a senior legal adviser at Ofcom, the specialist competition regulator for the media, telecoms, postal and broadcasting sectors. Examples of recent work include: advising RSA in respect of the OFT's ongoing market study into private motor insurance in the UK: advising a digital media company before the OFT in respect of its acquisition of a political communications business; advising Independent News and Media on the merger control and media plurality issues arising out of the sale of The Independent newspaper and website; advising Global Infrastructure Partners on its acquisition of Gatwick Airport, advising GlaxoSmithKline on its ViiV Healthcare HIV medicines joint venture with Pfizer; advising British Airways in respect of cartel investigations into alleged price fixing of fuel surcharges of both air cargo (before the European Commission) and passenger flights (before the OFT); and advising Thermo Fisher Scientific before the Competition Commission in respect of its completed acquisition of GV instruments.

Career

Trained Slaughter and May, London and Brussels 2001-05, 2006-09; senior legal adviser Ofcom 2004-05; Mayer Brown 2009; partner RPC 2011. Recent publications include: Premier League football cases: linguistic tactics, non-naked match feeds and the away goals rule (Computer and Telecommunications Law Review ([2012]) 18 C.T.L.R., Issue 2)); Media Plurality and Fitness for Purpose (Entertainment Law Review (Ent. L.R. 2011, 22(8), 224- 228)); Agency or distribution? The struggle for mastery in e-book pricing (Competition Law Insight, 3 May 2011).

Languages

French.

Education

Aylesbury Grammar School; University of Cambridge, Churchill College (1997 MA Hons); College of Law, Guildford (1998 Postgraduate Diploma in Law; 1999 Diploma in Legal Practice).

Leisure

Family, watching sport (football, rugby, cricket), reading, cinema.

Practice Areas

EU and competition

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Legal Developments by:
RPC

  • Cancelling insurance: insolvency and downgrade clauses

    One of the most common concerns for both parties to an insurance contract (including reinsurance) is that the other party might become insolvent and unable to perform its obligations under the contract. Both insurer and insured will therefore wish to have the right to cancel the insurance mid-term in the event of the other party’s insolvency, or a change in its financial circumstances that makes its insolvency a more likely prospect in the near future.
    - Reynolds Porter Chamberlain LLP

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Jersey Royal Court considers measure of damages for dilapidations claims

    In the absence of any statutory provision in Jersey addressing how dilapidations claims are to be quantified, the Royal Court's decision in JSSL v Barclays has provided some much needed guidance, particularly in circumstances where there is an acceptance that works to redress dilapidations have not been and will not be carried out.
  • English Supreme Court rules on Mistake and Hastings Bass

    On 9 May 2013 the English Supreme Court handed down a unanimous judgment on the seminal cases of Pitt-v- Holt and Futter -v- Futter , with Lord Walker's valedictory judgment conclusively resolving the English position on the rule in Hastings Bass and rescission on the ground of mistake.
  • Getting the breaks

    Shook, Hardy & Bacon currently authors the Insurance section of The In-House Lawyer magazine. For more information and articles from this author click here .
  • Product liability and dietary supplements

    Shook, Hardy & Bacon currently authors the Insurance section of The In-House Lawyer magazine. For more information and articles from this author click here .
  • The calm before 
the storm: are 
you prepared for 
a dawn raid?

    WilmerHale currently authors the Fraud and Corporate Crime section of The In-House Lawyer magazine. For more information and articles from this author click here .
  • International shipment of waste: transporters beware

    Burges Salmon LLP currently authors the Environment and Energy section of The In-House Lawyer magazine. For more information and articles from this author click here
  • Cyprus Shipping Industry : Business as usual. Why despite recent events Cyprus remains an internatio

    Cyprus is the third most populated island in the Mediterranean Sea. It is strategically located at the crossroads of Europe, Africa and the Middle East. Traditionally Cyprus has always been at the heart of the seafaring trade and therefore always functioned as an important centre for trade and commerce. Today as a member of the European Union it remains an optimal business base. It is one of the most attractive locations for foreign investments worldwide. Foreign companies have been given the opportunity to invest and establish business in Cyprus on equal terms with local investors as no distinction is made between foreign and Cypriot companies.
  • FOREIGN EXCHANGE OPERATIONS

    The excellent support system in combination with the ideal jurisdiction provided in Cyprus set the country in the list of the most desirable countries through which you can offer foreign exchange operations. In addition, the accession of Cyprus within the European Union and, most importantly, the extremely beneficial economic advantages available due to the low costs and the outstanding taxation, create a covetable environment for foreign investors.
  • National public order. Adoption of the Draft

    The Presidium of the Supreme Commercial Court of the Russian Federation (hereinafter - SCC RF) adopted by the Informative Letter No. 156 dated the 26th of February, 2013 (hereinafter - the Informative Letter) on Review of the consideration by arbitrazh courts of the cases on the implementation of the public order clause as the ground for rejection of the recognition and enforcement of the foreign court decisions and arbitral awards.
  • China Customs New Interpretation

    For many products, tariff classification can be technically complex, confusing, and subject to multiple interpretations. Often several different Harmonized System Codes ("HS Code") may seem applicable for one given product with different tariff rates. Tariff classification is indeed a process of application of customs classification rules, including customs rulings and decisions, and misclassification may trigger severe legal consequences. The sad fact is, unfortunately, that many companies rely on non-legal professionals to determine the HS Codes for imports or exports. A recent interpretation issued by the General Administration of Customs of China ("GACC") (Circular No. [2012] 495 Shu-Fa-Fa) (the "Interpretation") reinforces the process of tariff classification as a legal matter, and formulates the test as to what counts for regulatory violation if tariff classification rules are improperly applied by the importer or exporter in a given case. If the legal defense is successful, misclassification may only be treated as a non-violation misclassification, with the possible obligation to pay up additional customs duties, if any, but without administrative or criminal consequences. The Interpretation took effect as from February 1, 2013.