Our experts break down the key milestones as EU pushes through comprehensive overhaul of competition regime

Ambitious, wide-ranging reforms pursued by Margrethe Vestager through her second term as EU Competition Commissioner are on the verge of being realised. In the next 12 – 16 months businesses will need to contend with a once-in-a-generation reset of many aspects of antitrust policy and enforcement, with innovative new systems of regulation to be launched in relation to the digital sector and foreign subsidies. Key reforms will also take effect in areas including the treatment of supply and distribution agreements and sustainability arrangements, the assessment of market definition and merger control procedures.