Market report: competition
The In-House Lawyer sat down with Nicholas Levy of Cleary Gottlieb to discuss CMA chief executive Andrea Coscelli’s legacy and analyse the current global antitrust market.
Andrea Coscelli’s leadership of the Competition and Market Authority (CMA) has been highly consequential. Since his appointment in 2016, the agency has become one of the most interventionist competition agencies in the world, challenging more than 30 transactions, including transactions that had little nexus to the UK and, in some cases, had been approved by other agencies.
Coscelli has also been at the forefront of those calling for new powers to regulate the world’s largest tech firms. As he stepped down in July, we spoke to Cleary Gottlieb competition partner Nicholas Levy about the temperature of the enforcement environment domestically and globally, and to assess the implications of that environment.
