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ARTICLE · 16 JUNE 2023

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Antitrust & Competition Technology Quarterly Update Q1 2023

The start of 2023 has been a busy one, with global antitrust agencies advancing investigations and challenging a number of technology acquisitions. Future antitrust enforcement could also be shaped...

United KingdomAntitrust/Competition Law

The start of 2023 has been a busy one, with global antitrust agencies advancing investigations and challenging a number of technology acquisitions. Future antitrust enforcement could also be shaped by new digital market legislation proposed in the UK and regulators' apparent interest in artificial intelligence. Notable developments include:

  • The Federal Trade Commission's aggressive enforcement agenda met resistance in court when its challenge of Meta's acquisition of Within was denied.
  • Divergence has become a hot topic, with the UK Competition and Markets Authority and European Commission adopting different positions on Microsoft's proposed acquisition of Activision.
  • As Broadcom continues to navigate in-depth reviews of its proposed acquisition of VMware in the UK and EU, the regulators' response to behavioral remedies could shed light on the circumstances under which such remedies are acceptable to different regulators. Meanwhile, the FTC's skepticism

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