Goodwin partners Andrew Lacy and Stephen Mavroghenis talk to GCR Insight about how the Digital Markets Act is working in practice, divergent approaches to regulation in the United Kingdom, the European Union and the United States, and the evolving approach to AI partnerships from competition authorities. "Where we are seeing the biggest shift in our advice under the new administration is that we are placing greater emphasis on developing evidence of pro-competitive efficiencies, particularly around innovation. The US agencies are now far more receptive to well-supported arguments that a transaction can be shown to expand choice, lower costs or accelerated innovation," offered Lacy as advice to tech clients. "The real opportunity lies in coherence by ensuring that a company’s global narrative about how it competes, innovates, and governs data stands up wherever it’s tested." Mavroghenis said on the opportunities in the regulatory arbitrage for global companies.
Read the Global Competition Review article for more.