Work Area: Merger Control

TPG/Vodafone merger contributing to higher prices, Sims says

Australian Competition and Consumer Commission chair Rod Sims has said that the merger between TPG Telecom and Vodafone Hutchison – which the agency failed to block – is contributing to rising prices for mobile phone plans.

21 June 2021

DOJ challenges Aon/Willis Towers Watson deal

The Department of Justice has sued to block Aon’s purchase of Willis Towers Watson, alleging that the formation of the world’s largest insurance brokerage would harm US employers and unions.

17 June 2021

Too early for further Article 22 guidance, European Commission official says

A European Commission official has said it is too early to release further guidance on how the agency will apply its new approach to reviewing deals referred from national competition authorities that fall below EU and national notification thresholds.

16 June 2021

Finnish enforcer calls for lower merger notification thresholds

Finland’s turnover thresholds for notifying mergers must be lowered to prevent harmful deals from escaping antitrust scrutiny, the country’s competition watchdog has said.

16 June 2021

Altria e-vapour product would have been unsuccessful, executive says

An Altria executive has said the company was still “five to six years away” during the summer of 2018 – just months before it reached a deal agreement with rival Juul – from being able to sell a successful e-vapour product.

16 June 2021

Vestager: Coronavirus had no impact on merger control

The covid-19 pandemic did not change the European Commission’s merger enforcement – despite several companies abandoning their planned tie-ups during Phase II probes, EU competition commissioner Margrethe Vestager has said.

15 June 2021

UK enforcer cannot review Giphy acquisition, Facebook argues

Despite investigating the deal for almost a year, the UK’s Competition and Markets Authority still cannot show that it has jurisdiction to review Facebook’s $400 million acquisition of Giphy, the merging companies have claimed.

14 June 2021

China conditionally clears Danfoss/Eaton deal

Danfoss must spin-off its orbital motor unit in China to allay concerns that its €2.7 billion acquisition of Eaton’s hydraulics business would harm competition, the country’s competition authority has said.

11 June 2021

EU Parliament laments pace of Big Tech enforcement

European Parliament has called for the power to summon the heads of Google, Amazon, Facebook and Apple for a grilling on how their business practices affect competition.

10 June 2021

Former Altria chief executive highlights problems with company’s e-vapour products

The former chief executive of Altria has rebutted claims from the Federal Trade Commission that company officials misled their board of directors about the performance of Altria’s e-cigarette business.

10 June 2021

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