Deals

ECJ confirms that EU enforcer violated UPS’s defence rights

ECJ confirms that EU enforcer violated UPS’s defence rights

16 January 2019

The European Court of Justice has upheld a lower court’s decision finding that the European Commission violated its own procedural rules when it blocked UPS’s attempted takeover of TNT in 2013.

German enforcer reportedly opposes Siemens/Alstom

German enforcer reportedly opposes Siemens/Alstom

14 January 2019

Germany’s competition authority has joined several other national enforcers in opposing the proposed Siemens/Alstom merger, according to news media.

Philippines food company offers remedies

Philippines food company offers remedies

10 January 2019

One of the Philippines’ largest branded food and beverage product companies has offered commitments to allay the Philippine Competition Commission’s concerns that its purchase of a sugar mill would harm competition.

UK takes Thermo Fisher/Gatan deal to Phase II

UK takes Thermo Fisher/Gatan deal to Phase II

07 January 2019

The UK’s antitrust watchdog has launched an in-depth review of scientific equipment manufacturer Thermo Fisher Scientific’s proposed acquisition of Gatan after the companies refused to offer remedies.

Live Nation deal goes to Phase II in Ireland

Live Nation deal goes to Phase II in Ireland

04 January 2019

Ireland’s antitrust watchdog has taken a Live Nation joint venture’s acquisition of an Irish music promoter to a Phase II investigation.

Siemens/Alstom remedies not enough, national authorities tell EU

Siemens/Alstom remedies not enough, national authorities tell EU

20 December 2018

In an unusual step, four national competition authorities have written an open letter to the European Commission expressing concern that the remedies proposed by Siemens and Alstom for their merger fall “well short of what is required.”

Australia, Mexico and New Zealand clear Thales/Gemalto

Australia, Mexico and New Zealand clear Thales/Gemalto

20 December 2018

The antitrust watchdogs in Australia, Mexico and New Zealand will allow Thales’s €4.8 billion acquisition of digital security company Gemalto based on the same divestiture the EU required.

EU member states push protectionist merger policies

EU member states push protectionist merger policies

19 December 2018

The European Commission should consider updating its merger regime to help European industry to better take on international competition, representatives from 18 EU countries have said in a joint statement.

EU fine in pipeline for Bulgarian gas incumbent

EU fine in pipeline for Bulgarian gas incumbent

17 December 2018

The European Commission has fined Bulgaria’s state-owned gas supplier €77 million for restricting access to the country’s gas infrastructure network.

Court sides with Sainsbury’s/Asda over merger review timetable

Court sides with Sainsbury’s/Asda over merger review timetable

14 December 2018

The UK’s Competition Appeal Tribunal has agreed with Sainsbury’s and Asda that the national competition authority imposed too early a deadline for them to respond to working papers during the review of their proposed merger.