Work Area: Merger Control

Google pushes through Fitbit deal without approval in Australia and US

Google has closed its US$2.1 billion acquisition of Fitbit despite ongoing antitrust reviews in Australia and the US.

15 January 2021

Narrow relevant market colours Singaporean Uber decision

As the debate on defining relevant markets in the digital economy continues – especially vis-à-vis traditional incumbents – Singapore’s competition agency and specialist appellate body have taken a narrow approach in the transportation sector.

15 January 2021

EU clears LSE/Refinitiv with remedies

The European Commission has approved the London Stock Exchange Group's acquisition of Refinitiv, after accepting substantial structural and behavioural commitments.

13 January 2021

Uber loses appeal in Singapore over Grab deal

Singapore’s Competition Appeal Board has dismissed Uber’s appeal against a decision finding that the sale of its southeast Asian business to Grab was illegal.

13 January 2021

Visa/Plaid ditch deal after DOJ challenge

Visa and Plaid have abandoned their proposed $5.3 billion merger two months after the Department of Justice alleged the transaction would allow Visa to maintain a monopoly over online debit transactions.

13 January 2021

CMA starts the year with another deal block

The UK’s antitrust watchdog has ordered two of the country’s biggest motor part suppliers to unwind their already completed tie-up after internal documents revealed that the deal was motivated by a desire to remove competition from the market.

12 January 2021

Staples again proposes to acquire Office Depot

Staples has proposed to buy rival Office Depot for $2.1 billion, nearly five years after the Federal Trade Commission won its bid to block the companies’ previous merger agreement.

12 January 2021

Canada shuts down criminal cartel probe

Canada’s antitrust watchdog has dropped a criminal investigation examining whether media companies Postmedia and Torstar unlawfully conspired to close down 36 local newspapers.

11 January 2021

Third Nordic enforcer takes drinks merger to Phase II

A tie-up between leading Nordic alcoholic drinks companies Altia and Arcus is receiving in-depth scrutiny in Finland, Norway and Sweden over concerns that the deal will significantly impede competition.

11 January 2021

CMA admits potential errors in merger block

The UK’s antitrust watchdog has said it will reassess the already-completed merger between two investment platform software providers after acknowledging it may have made calculation errors when ordering the companies to unwind the deal.

11 January 2021

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