Deals

Taiwan clears Cathay/Hong Kong Express tie-up

Taiwan clears Cathay/Hong Kong Express tie-up

10 July 2019

Taiwan’s antitrust watchdog has cleared Cathay Pacific’s acquisition of budget airline Hong Kong Express – a deal that gives the Hong Kong flagship carrier control over three of the territory’s four airlines.

France and Germany tone down calls for political intervention

France and Germany tone down calls for political intervention

05 July 2019

Poland has joined France and Germany in calling for an overhaul of European competition rules – but a joint manifesto by the three countries climbs down on previous suggestions for a political veto of commission merger decisions.

EU clears Connect/Flybe deal with slot commitments

EU clears Connect/Flybe deal with slot commitments

05 July 2019

The European Commission has approved an airline consortium’s acquisition of air carrier Flybe with conditions, after allowing the deal to be consummated early to avoid job losses and flight cancellations.

CADE tribunal reviews IBM/Red Hat as quorum issue looms

CADE tribunal reviews IBM/Red Hat as quorum issue looms

02 July 2019

Brazil’s competition authority is reviewing its investigative arm’s recommendation to clear the €30 billion IBM/Red Hat deal, as delays in appointing new commissioners could threaten to hold up the deal.

Snoep: Enforcers should look further into future for merger control

Snoep: Enforcers should look further into future for merger control

01 July 2019

Competition authorities’ merger analysis should include longer-term developments such as innovation and potential market entrants, the head of the Netherlands’ antitrust enforcer has said.

UK enforcer issues new interim measures guidance for merger control

UK enforcer issues new interim measures guidance for merger control

01 July 2019

The UK’s Competition and Markets Authority has sought to tackle a recent run of companies failing to comply with interim measures, by issuing fresh guidance for both merging and merged businesses.

UK probes newspaper acquisitions on public interest grounds

UK probes newspaper acquisitions on public interest grounds

28 June 2019

The UK government has asked the country’s competition authority and communications agency to look into two connected minority acquisitions of the Evening Standard and the Independent newspapers.

CMA takes DNA sequencing deal to Phase II

CMA takes DNA sequencing deal to Phase II

28 June 2019

The UK’s Competition and Markets Authority has referred DNA analysis company Illumina’s acquisition of Pacific Biosciences for an in-depth review.

Nordic enforcers reject politicisation of EU merger control

Nordic enforcers reject politicisation of EU merger control

28 June 2019

Competition, not politics, should determine EU merger policy, the heads of five Nordic competition authorities have said, as they add their voices to criticism directed at the French and German governments for proposing radical changes to the EU’s merger regime.

EU fines Canon €28 million for gun jumping

EU fines Canon €28 million for gun jumping

27 June 2019

Camera maker Canon will appeal against the European Commission’s fine for starting the acquisition of Toshiba Medical Systems (TMSC) before notifying the agency.