Updated rules to strengthen the government’s powers to scrutinize mergers and takeovers that may raise national security concerns have come into force in the UK, following a review of the government’s approach to foreign investment and national security.
Today Monday 11 June 2018 the government made changes to the UK’s merger regime to recognise the growing importance of small British businesses in developing cutting edge technology products with national security applications.
In order to address changes in the market, the government amended the threshold tests for businesses in the military, dual-use, computing hardware and quantum technology sectors that are most likely to have implications for our security. These new tests apply to businesses developing military and dual-use technology, computing hardware and quantum technology.
Full Content: UK Government
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