UK merger control: As part of broader reforms to its competition and consumer policy, the UK government has announced its intention to modify the jurisdictional thresholds that determine transactions that the Competition and Markets Authority (“CMA”) can review. The changes comprise: (1) an increase in the existing turnover threshold from £70 million to £100 million to adjust for inflation; (2) the addition of a new acquirer threshold aimed at capturing “killer acquisitions” and potentially harmful non-horizontal mergers; and (3) the introduction of a safe harbour for small mergers. UK foreign direct investment (“FDI”): The new UK FDI regime came into effect on 4 January 2022, with retrospective effect from 12 November 2020. It is a hybrid regime, requiring mandatory notification if certain conditions are met, but enabling the government to “call in” other qualifying transactions for review that do not meet the mandatory notification thresholds.