Global Trade Alert
Global Trade Alert

United Kingdom: Amendment of the Enterprise Act permitting government intervention in certain foreign takeovers

Announcement

22 Jun 2020

The government included a public interest consideration clause in the Enterprise Act 2002 allowing the government to intervene in foreign takeovers to ensure that the transactions do not threaten the UK’s ability to combat a public health emergency.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Jun 2020

Revocation date:

03 Jan 2022

Updated: 22 Jun 2020
FDI: Entry and ownership rule

On 22 June 2020, the UK government issued an order amending the Enterprise Act 2002 (‘the Act’) in response to the COVID-19 outbreak. With the amendment, the government included a publi...

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