Cormac O’Daly, Author at Kluwer Competition Law Blog

European Commission, Killer acquisitions, Merger notification, Merger regulation, Merger Thresholds, Mergers

Unprecedented European Commission Order to Unwind an Acquisition

Lee Greenfield, Frédéric Louis, Cormac O’Daly, Anne Vallery, Oliver Fleischmann, Peter Gey, Virginia Del Pozo (WilmerHale)/October 19, 2023October 18, 2023 /Leave a comment

On October 12, 2023, the European Commission (EC) ordered Illumina to unwind its already completed acquisition of the cancer test provider GRAIL Inc. This is the first time that the EC has ordered a reversal of an acquisition. This decision opens a new chapter in the ongoing Illumina/GRAIL saga, which has been unfolding for well…

Brexit, Foreign subsidies, State aid, Subsidies, United Kingdom

A New UK Subsidy Control System

Cormac O’Daly, Édouard Bruc, Su Şimşek, John Ratliff (WilmerHale)/August 5, 2022August 5, 2022 /Leave a comment

Following its exit from the European Union, the UK is no longer bound by the EU’s rules governing public subsidies. At the end of April 2022, the UK Parliament passed the Subsidy Control Act 2022, which sets out a new framework for granting and controlling public subsidies. The Act is expected to enter into full…