Topic: Gun-jumping

First-ever merger fine signals new era for COMESA

COMESA’s Competition Commission has issued its first-ever merger-related fine on two telecommunications companies for gun-jumping, which observers say marks the “dawn of a new era” for antitrust enforcement in the region.

09 September 2021

Portugal fines insurance company for gun-jumping

Portugal’s Competition Authority has issued its fourth-ever gun-jumping decision, fining an insurance company €300,000 for failing to notify its now-abandoned acquisition of a real estate investment fund.

24 August 2021

Illumina faces EU gun-jumping probe over Grail acquisition

The European Commission has opened a gun-jumping investigation into Illumina, two days after the biotechnology company completed its acquisition of Grail in the midst of the EU’s in-depth merger review.

20 August 2021

Illumina closes Grail deal without EU approval

Illumina has closed its €5.9 billion acquisition of Grail despite an ongoing EU Phase II probe, reiterating its claims that the European Commission has no jurisdiction to review the tie-up.

19 August 2021

Austria hits medical supplier with gun-jumping fine

Austria’s Cartel Court has approved the competition authority’s third gun-jumping sanction this year, although the agency says potential new amendments to the country's merger control thresholds in 2022 may halve the number of cases it files for failures to notify.

12 August 2021

Facebook accepts €9.6 million fine for gun-jumping in Austria

Facebook has agreed to pay a €9.6 million fine for failing to notify its completed acquisition of Giphy to the Austrian Federal Competition Authority.

07 June 2021

Israel seeks fines in Facebook gun-jumping probe

Israel’s Competition Authority has warned Facebook that it might fine the company close to €1.5 million for failing to notify the acquisitions of two online messaging businesses that should have been reported under the country’s merger control rules.

13 May 2021

Facebook accused of gun-jumping in Austria

Austria’s Federal Competition Authority has alleged that Facebook failed to notify its acquisition of Giphy under national merger control rules aimed at capturing deals in the digital economy.

29 March 2021

Norway drops gun-jumping fine against grocer

The Norwegian Competition Authority has revoked its decision to fine NorgesGruppen nearly €2 million for gun-jumping after reassessing whether the company’s takeover of a rival supermarket’s premises was actually notifiable.

19 March 2021

EU rejects Suez’s gun-jumping complaint against Veolia

The European Commission has cleared the way for Veolia to proceed with its planned €11.3 billion hostile takeover of Suez, after the latter failed to convince the agency that Veolia’s recent acquisition of a minority investment in the company breached EU merger control rules.

18 February 2021

Get unlimited access to all Global Competition Review content