Merger regulation

AI, Competition policy, Digital economy, Digital markets, Digital Markets Act, European Commission, European Union, Foreign Subsidy Regulation, Innovation, Market investigations, Merger regulation, New Competition Tool, Objectives of Competition Law

(Centrum für Europäische Politik)/ /Leave a comment

As the European Commission prepares for a new mandate under President Ursula von der Leyen later this year, former ECB President Mario Draghi – famous for his “whatever it takes” approach to saving the Euro – has now turned his focus to the future of EU competitiveness in the digital age. His long-awaited report, commissioned…

Art. 22, European Commission, Guidance, Innovation, Market definition, Merger control, Merger regulation, Merger Thresholds, Sustainability

(Norton Rose Fulbright, Belgium)/ /Leave a comment

Many of the most challenging transactions reviewed under the EU Merger Regulation (EUMR) in recent years involved their likely effects on non-price competitive factors: innovation; quality and product differentiation; data protection and privacy; sustainability; and capacity and reliability of supply.  These topics are discussed briefly, or not at all, in the Commission’s guidelines on the…

Advocate General, Art. 22, Merger regulation, Merger Thresholds, Mergers

(College of Europe)/ /Leave a comment

Introduction On March 21st Advocate General Emiliou handed down his Opinion in Joined Cases C-611/22P and C-625/22P, respectively Illumina Inc. v. European Commission and Grail LLC, and Illumina Inc. v. European Commission. One can argue that the Emiliou Opinion is an exercise in throwing the proverbial kitchen sink at the position of the European Commission…

European Commission, European Court of Justice, General Court of the European Union, Gun jumping, Merger control, Merger notification, Merger regulation, Merger Thresholds, Mergers

, , (White & Case)/ /Leave a comment

On 9 November 2023, the European Court of Justice (ECJ) confirmed that the European Commission (EC) was right to impose two separate fines on Altice for breaching standstill rules and failing to notify its acquisition of PT Portugal, but lowered the fine for failure to notify by €3.1 million. The European Union (EU) merger control…

Dutch clause, Gun jumping, Merger control, Merger notification, Merger regulation, Merger Thresholds

(Leiden University)/ /Leave a comment

As Ariel Ezrachi and Maurice E. Stucke noted, just as duck hunters must anticipate the future position of their prey, antitrust policymakers are urged to foresee potential anti-competitive behaviours rather than solely focusing on past constraints. This concept of anticipating potential anti-competitive behaviours has now firmly landed on the desks of policymakers, and the last…

Brazil, Labour market, Merger regulation, Mergers

, (Federal University of Paraná)/ /Leave a comment

Introduction The debate about expanding competition law goals is a hot topic in the global competition policy agenda. The return of the antitrust debate in public opinion, due to the rise of Big Techs, opened the path to new proposals regarding sustainability, democracy, innovation, and inequality as competition goals or objectives. This new agenda has…

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

, , , , , , (WilmerHale)/ /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…

Artificial Intelligence, Digital, Digital competition, Digital markets, Digital Markets Act, European Champions, Merger control, Merger notification, Merger regulation, Mergers, OTA

(Open Markets Institute)/ /Leave a comment

Introduction On September 26th, the European Commission prohibited the acquisition of the online flight booking service eTraveli by Booking Holdings, the leading provider of online hotel bookings in the European Economic Area (EEA). The Commission argues that the acquisition would have strengthened Booking’s dominant position in the market for online hotel bookings by enabling it…

Merger control, Merger notification, Merger regulation, Merger Thresholds, Mergers, Morocco

(BREMER)/ /Leave a comment

Effective 24 May 2023 the Moroccan legislator introduced new, increased merger control notification thresholds. While the increase in notification thresholds is welcome, the more relevant change is that the new turnover thresholds always require that the parties have turnover in Moroccan. While this change does not entirely resolve existing problems with a lack of local…

India, Merger control, Merger fees, Merger notification, Merger regulation, Mergers

, , , (Khaitan & Co )/ /Leave a comment

The Indian merger control framework is governed by the Competition Act, 2002 (Act) and The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (Combination Regulations). To re-align with evolving regulatory needs and streamline processes, Combination Regulations have been reformed periodically. Earlier this year, the Competition (Amendment)…