Partner

Mark Friend

Location:  United Kingdom

Practice(s):  Anti-Competitive Behaviour , Antitrust Litigation , Energy and Utilities , Merger Control , Public Procurement , State Aid

Date Joined:  1988. Partner since 1990.

Education:  BA Cambridge University 1979, Lic Spec en Droit Eur Université Libre de Bruxelles 1983

Spoken Languages:  English, French

Experience: 

Mark Friend has extensive experience of counselling and representing clients on complex mergers and strategic alliances, cartel, dominance and market investigations, both at EC and national level. Recent merger cases include acting for Alliance UniChem on its merger with Boots (cleared by the OFT against market expectation, on the basis of divestment undertakings) and in successfully defending the subsequent appeal to the Competition Appeal Tribunal and Thomson/Reuters (cleared by the European Commission on the basis of divestment undertakings following a phase II investigation). Recent/current CC market investigations include Northern Ireland Personal Banking and Payment Protection Insurance. He represented UniChem in relation to the Pfizer DTP agreement, including a successful defence of the ensuing High Court litigation, and has been involved in the OFT market studies into medicines distribution and current accounts. Recent utility matters include representing Marchwood Power in its successful determination application against National Grid, and for the Strategic Investment Board on the Northern Ireland water reform project.

Published work

"Ambitious proposals for new european energy policy", published on the Allen & Overy website, January, 2007

Numerous articles and case notes in academic and professional journals

Chapter on state guarantees in 'EC State Aids' (Sweet & Maxwell 2006).

Chapter on state guarantees in 'The law of State Aid in the European Union' (OUP 2003).

Takeover Frenzy in UK Electricity - How The Map Was Re-drawn, May 2003 (published by Allen & Overy).

Allen & Overy is advising Vale SA, the world’s largest iron ore producer, on a USD4.9 billion transaction involving its aluminium assets with Norsk Hydro ASA (Hydro), Europe’s third largest aluminium maker.
Allen & Overy LLP is advising Thomson Reuters on the planned unification of its dual listed company (DLC) structure. The unification will consolidate and improve the trading of the company’s shares and simplify its capital structure.
The UK's Competition Appeal Tribunal (CAT) has ruled against a challenge brought by six businessmen (Merger Action Group) seeking to have the merger of Lloyds TSB and HBOS referred to the Competition Commission
On 31 October 2008, Secretary of State for Business, Lord Mandelson, decided to clear the proposed Lloyds TSB merger with HBOS. This is an unusual case because it is the first time that a merger has been cleared on financial stability grounds.
The Office of Fair Trading (the OFT) have announced that it will not be referring the proposed merger of Co-operative Group Limited (the Co-op) and Somerfield Limited (Somerfield) to the Competition Commission.