Reed Smith Client Alerts

The UK government is introducing changes to merger control rules to extend jurisdiction to review competition and national interest aspects of transactions affecting businesses which have activities in the technology and defence sectors.

Authors: Edward S. Miller Marjorie C. Holmes Emma Jones Christos Antoniou

Type: Client Alerts

The UK government is to introduce legislation1 lowering the jurisdictional thresholds which must be satisfied in order for the Competition and Markets Authority to intervene on competition grounds, or for the government to intervene on national security grounds, in mergers, acquisitions and some joint ventures in the following defence and technology sectors:

  • The development or production of items for military, or military and civilian, use (‘dual use’)
  • The design and maintenance of computer hardware relating to computer processing units
  • The development and production of quantum technology