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New UK competition rules to affect global deal reviews for tech and pharma

The logo of the French pharmacy and vaccine company, Sanofi is displayed during the Viva Technology show at Parc des Expositions Porte de Versailles.
Photo: Chesnot/Getty Images

The pharma industry has been the focus of recent competition investigations in the UK, EU and US.

The UK Digital Markets, Competition and Consumers Act 2024 (UK DMCC), which received Royal Assent in May 2024, makes several significant changes to the UK Competition and Markets Authority (UK CMA) and the country’s competition laws relevant to merger review. Among those changes, the UK DMCC introduced a new threshold

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