United Kingdom: Introduced Digital Markets, Competition and Consumers Bill including anti-competitive agreements regulation

On 25 April 2023, the Digital Markets, Competition and Consumers Bill, including anti-competitive agreements regulation, was introduced in the UK House of Commons. In particular, the Bill would expand the territorial jurisdiction of the prohibition on anti-competitive agreements by removing the previous requirement for agreements to be implemented within the United Kingdom. Furthermore, the Bill would give the Competition and Markets Authority the power to investigate agreements concluded outside the UK that harm competition and negatively impact consumers.