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Christine Graham

Christine Graham

Partner

London

T: +44 (0) 20 3400 4291

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Biography

Christine Graham is Partner in the firm's global Antitrust and International Trade Team. Christine regularly advises clients on global multijurisdictional merger control and foreign direct investment (FDI) reviews, with a particular focus on obtaining clearances before the UK and EU authorities.

In addition to her expertise in merger control and FDI matters, Christine has significant experience of advising clients on antitrust compliance, notably in respect of distribution licensing arrangements, as well as on cartel investigations. 

Christine is an excellent leader in the field.

Legal 500 UK, EU and Competition

Christine is widely recognised in the field of FDI. She is Vice-Chair of the ABA Antitrust Foreign Investment and National Security Committee, co-founder of the EU FDI Association and a member of the UK government’s expert panel on the UK national security and investment screening regime. Her insights on FDI and competition law are regularly featured in leading publications and speaking engagements.

  • Legal 500 UK, EU and Competition
  • Lexology Index, Foreign Investment Control: Highly Recommended 

  • Vice-chair, American Bar Association (ABA) Antitrust Law Section Committee on Foreign Investment and National Security
  • Competition Law Association
  • Law Society, Competition Section

Admissions

  • England and Wales

Related Capabilities

  • Antitrust & Competition

  • Foreign Direct Investment

  • International Trade

  • Aerospace & Defense

  • Energy Transition

  • Investigations

  • National Security

  • Private Equity

  • Data Centers

  • Healthcare & Life Sciences

  • Retail & Consumer Products

Experience

  • Advising a healthcare investment firm, on its definitive merger agreement with a UK medical equipment manufacturer;
  • Advising a biotechnology company, on its $2.7 billion acquisition by a leading global pharmaceutical company;
  • Advising an Ireland-based biopharmaceutical company, on its $1.48 billion sale to an Italian global pharmaceutical company;
  • Advising a global digital marketplace connecting vehicle buyers and sellers, on its agreement to sell to a construction equipment auctioneer for approximately $7.3 billion;
  • Advising a world leader in modern, cloud-based connected workplace solutions, on its definitive agreement to be acquired by a global climate innovator;
  • Advising a specialty biopharmaceutical company, on its agreement to be acquired by an American biopharmaceutical company for approximately $28 billion;
  • Advising a biopharmaceutical company, on its agreement to be acquired by a global pharmaceutical and biotechnology company for approximately $1.8 billion;
  • Advising a clinical-stage company developing innovative potential therapies for the treatment of several immuno-inflammatory diseases, on its definitive agreement to sell to a leading American multinational pharmaceutical company for $6.7billion;
  • Advising a leading provider of cloud-based infrastructure for cryptocurrency security, on its agreement to sell to an American multinational online payment company;
  • Advising a global leader in digital consumer intelligence and social media listening, on its agreement to sell to a public relations, marketing and social media management technology company, for $450 million;
  • Advising is an American interactive data visualization software company (Tableau) on its agreement to sell to a cloud-based software company in a $15.7 billion all-stock transaction;
  • Advising an American computer software company on its sale to a global American technology company in an approximately $2.6 billion all-cash transaction;
  • An investment consultancy firm in response to the UK Financial Conduct Authority’s asset management market study and subsequent market investigation by the UK Competition and Markets Authority;
  • A subsidiary of a supermajor on its competition law pleadings before the High Court in relation to the termination of a suite of agreements relating to the production and transportation of gas from offshore fields to the UK National Transmission System;
  • A leading pharmaceutical manufacturer in a European Commission investigation into the supply of medicines;
  • A large telecommunications operator on an appeal before the UK Competition Appeal Tribunal in relation to fair access to infrastructure and margin squeeze claims and;
  • Various companies on merger control filings before the European Commission and the CMA

Resources

Speaking Engagements

  • C5 Communications 7th Annual European Forum on Global FDI Reviews, “Geopolitics, CFIUS and the Interplay with European FDI Reviews: A Closer Look at the New Realities of Approvals, Trade Policy and National Security” (June 2026)
  • General Counsels’ Association of India (GCAI), “Strategic Partnerships & Investment Corridors: Enabling the Next Wave of India–UK Growth” (June 2026)
  • Aftercare Forum Riga 2026, “The Screening Advantage: Investment screening from an Aftercare perspective” (June 2026)
  • American Bar Association Antitrust Section’s Foreign Investment and National Security Committee webinar, "National Security, Antitrust and Trade Law" (May 2026)
  • Defence & Dual-Use Investment Forum, "Legal, Political and Regulatory Pressures" (February 2026)
  • American Bar Association Antitrust Law Section Trust and Trade podcast, "Foreign Investment in the EU" (January 2026)
  • GCR Live: Foreign Investment Control, "FDI: the future regulation of the EU’s investment landscape" (December 2025)

Related Insights

View All Related InsightsIcon: arrow

Insights
Jun 24, 2026

BCLP’s Christine Graham speaks to CPI on Foreign Investment Screening: FinTechs Face a Tougher Road on Cross-Border Deals

BCLP Partner, Christine Graham, was recently interviewed by Competition Policy International, to discuss how technology is transforming foreign investment reviews.
Insights
Jun 08, 2026

EU Formally Adopts Revised FDI Screening Regulation

The EU has completed the legislative process for its revised foreign direct investment screening framework (the “Revised EU FDI Regulation”), with the Council formally adopting the Revised EU FDI Regulation today (8 June 2026) following its approval by the European Parliament last month.
Insights
May 29, 2026

Christine Graham Joins American Bar Association Foreign Investment and National Security Committee Panel on National Security, Antitrust and Trade Law

BCLP Partner, Christine Graham, recently participated in the international webinar “National Security, Antitrust and Trade Law”, hosted by the American Bar Association’s Antitrust Foreign Investment and National Security Committee on 28 May 2026.
Insights
May 08, 2026

The Draft EU Merger Guidelines – Key Takeaways for Dealmakers

On 30 April 2026, the European Commission released its much awaited draft merger guidelines (“Draft Guidelines”). The Draft Guidelines are intended to replace two current and dated guidance documents: the Commission’s Horizontal Merger Guidelines (published in 2004) and its Non-Horizontal Merger Guidelines (published in 2008). The Draft Guidelines propose to bring the approach to European merger control into line with a changed geo-political, security and trade context, as well as reflecting other policy drivers that have become much more prominent since 2004 and 2008, such as innovation, resilience and sustainability. The release of the Draft Guidelines follows significant political pressure within the Commission to modernise the approach to merger control and help European businesses succeed on the world stage. The release of the Draft Guidelines – an area traditionally reserved to the Competition Commissioner and specialists within the Directorate General for Competition – has  been a key priority for Commission President Ursula von der Leyen, who noted when the Draft Guidelines were released that they are intended to better support companies to thrive, scale and innovate, and to “meet the realities of the fiercely competitive global economy and boost our competitiveness, while preserving the predictability and certainty that investors value most in Europe.”

Related Insights

Insights
Jun 24, 2026
BCLP’s Christine Graham speaks to CPI on Foreign Investment Screening: FinTechs Face a Tougher Road on Cross-Border Deals
BCLP Partner, Christine Graham, was recently interviewed by Competition Policy International, to discuss how technology is transforming foreign investment reviews.
Insights
Jun 08, 2026
EU Formally Adopts Revised FDI Screening Regulation
The EU has completed the legislative process for its revised foreign direct investment screening framework (the “Revised EU FDI Regulation”), with the Council formally adopting the Revised EU FDI Regulation today (8 June 2026) following its approval by the European Parliament last month.
Insights
May 29, 2026
Christine Graham Joins American Bar Association Foreign Investment and National Security Committee Panel on National Security, Antitrust and Trade Law
BCLP Partner, Christine Graham, recently participated in the international webinar “National Security, Antitrust and Trade Law”, hosted by the American Bar Association’s Antitrust Foreign Investment and National Security Committee on 28 May 2026.
Insights
May 11, 2026
BCLP for CPI’s TechREG Chronicle: How Emerging Technologies Have Rewritten FDI Regimes
Insights
May 08, 2026
The Draft EU Merger Guidelines – Key Takeaways for Dealmakers
On 30 April 2026, the European Commission released its much awaited draft merger guidelines (“Draft Guidelines”). The Draft Guidelines are intended to replace two current and dated guidance documents: the Commission’s Horizontal Merger Guidelines (published in 2004) and its Non-Horizontal Merger Guidelines (published in 2008). The Draft Guidelines propose to bring the approach to European merger control into line with a changed geo-political, security and trade context, as well as reflecting other policy drivers that have become much more prominent since 2004 and 2008, such as innovation, resilience and sustainability. The release of the Draft Guidelines follows significant political pressure within the Commission to modernise the approach to merger control and help European businesses succeed on the world stage. The release of the Draft Guidelines – an area traditionally reserved to the Competition Commissioner and specialists within the Directorate General for Competition – has  been a key priority for Commission President Ursula von der Leyen, who noted when the Draft Guidelines were released that they are intended to better support companies to thrive, scale and innovate, and to “meet the realities of the fiercely competitive global economy and boost our competitiveness, while preserving the predictability and certainty that investors value most in Europe.”
Insights
Apr 21, 2026
CMA Imposes First Financial Penalty Under New Consumer Powers in Drip Pricing Crackdown
Insights
Apr 01, 2026
European Commission Unveils Industrial Accelerator Act
News
Mar 05, 2026
BCLP advises Constellation Automotive on CMA Phase 2 Clearance for Aston Barclay Acquisition
Insights
Feb 26, 2026
BCLP's Christine Graham speaks at Defence & Dual-Use Investment Forum