Work Area: Merger Control

ACCC considers behavioural fix to remedy food sector deal

Woolworths Group and PFD Food Services have proposed a behavioural fix to alleviate the Australian competition enforcer’s concerns that their proposed tie-up would harm competition by removing an important buyer in the food distribution market.

11 May 2021

Healthcare data deal abandoned in face of Phase II threat

A pair of healthcare-focused IT security companies have called off their planned tie-up due to concerns about the length of an in-depth probe by the UK's competition enforcer.

10 May 2021

CMA set to accept Asda remedies

The UK’s antitrust enforcer has said it is likely to approve a remedy package that would allow the Issa brothers and TDR Capital to purchase Asda, after the buyers offered to divest 27 petrol stations to alleviate the competition agency’s concerns.

05 May 2021

CADE unwinds plastics deal after behavioural commitments fail

Brazil's competition enforcer has revoked its approval of a completed deal between two plastics makers and fined the merged entity €1.4 million for failing to comply with behavioural commitments imposed in 2014.

04 May 2021

EU fines Merck subsidiary for hiding innovation project during merger probe

The European Commission has fined chemicals company Sigma-Aldrich €7.5 million for failing to disclose a research and development project while the enforcer probed the company's takeover by Merck.

04 May 2021

Finland imposes first upfront buyer remedy on Scandinavian spirits merger

Competition authorities in Sweden and Finland have conditionally cleared the proposed combination of two Nordic alcohol suppliers, marking the first time the Finnish enforcer has required an upfront buyer remedy.

30 April 2021

The Asia-Pacific Round-up (30 April 2021)

News in brief from around the Asia-Pacific region… China doesn’t seem to be slowing down its crackdown on major homegrown technology companies, with reports of a major fine being readied against Tencent and a probe being launched against food delivery giant Meituan. Meanwhile, Australia’s competition watchdog has permitted a group of independent newspapers to collectively seek payment from Facebook and Google for displaying their articles.

30 April 2021

Illumina urges General Court to annul Article 22 referral

Illumina has asked the EU General Court to annul the European Commission’s investigation into its $7.1 billion acquisition of Grail – a probe that marks the first time the commission has formally scrutinised a deal that falls below national and EU merger thresholds.

29 April 2021

CMA defends merger control powers against Facebook court challenge

The UK’s Competition and Markets Authority was entitled to impose wide-ranging restrictions on Facebook at the start of the Phase I investigation into its acquisition of Giphy, particularly because the deal had already been implemented, the enforcer’s counsel has told an appellate court.

29 April 2021

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