Work Area: Merger Control

France greenlights toy store takeover with structural remedies

France’s Competition Authority has cleared a deal that will save toy retailer Maxi Toys from bankruptcy, subject to the buyer divesting three of the 95 purchased stores.

13 August 2021

CMA looks to reverse Facebook/Giphy deal

Forcing Facebook to unwind its already completed acquisition of Giphy is likely the only way to solve concerns that the deal has or will harm competition in the markets for social media and display advertising, the UK’s Competition and Markets Authority has said.

12 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

Canada opens in-depth review into telecoms merger

Canada’s Competition Bureau has launched a Phase II probe into the proposed merger of two telecommunications providers over concerns the deal will likely harm competition in the markets for mobile and broadcasting services.

10 August 2021

Wilson questions whether something may be “afoot” at FTC

Federal Trade Commission member Christine Wilson has denounced a string of recent procedural changes by her agency that affect its merger review process, arguing that they collectively “raise the costs of doing mergers and threaten to chill harmful and beneficial deals alike”.

10 August 2021

Dutch enforcer clears funeral deal with structural remedies

The Netherlands Authority for Consumers and Markets has cleared funeral service provider DELA’s acquisition of rival Yarden, subject to the merged entity divesting seven crematoria and two funeral homes.

06 August 2021

Australian payment providers offer commitments to seal deal approval

A trio of Australian payment service providers have agreed to an industry-wide standard to support payments using Quick Response codes as part of a behavioural commitment package to secure approval for their merger.

06 August 2021

Taiwan conditionally clears first-ever network and frequency sharing agreement

Taiwan’s competition authority has allowed a pair of telecommunications companies to share 5G bandwidth as long as they keep their businesses separate and submit annual reports to the agency for the next five years.

06 August 2021

Russia imposes structural and behavioural conditions on pharma deal

Russia’s competition authority has conditioned the approval of a tie-up between a major pharmaceutical distributor and a retail chain on the sale of multiple pharmacies and a promise of non-discriminatory behaviour.

06 August 2021

FTC sends warnings that end of waiting period may not signal end of probe

The Federal Trade Commission has been cautioning certain companies that it is still reviewing transactions they are legally permitted to close, according to an agency official.

04 August 2021

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