Work Area: Merger Control

Canadian government proposes further amendments to Competition Act

The Canadian government is mulling further competition law amendments, including bolstering the antitrust watchdog’s decision-making powers and altering the efficiencies defence, after several major changes were already introduced in a budget bill this summer.

18 November 2022

EU opens Phase II review into Booking/eTraveli

The European Commission has launched an in-depth probe into Booking’s €1.6 billion purchase of eTraveli after the former refused to offer remedies to fix the authority’s preliminary competition concerns.

17 November 2022

UK unwinds Chinese purchase of major semiconductor maker

The UK government has ordered a Dutch subsidiary of Shanghai-listed Wingtech Technologies to sell its 86% stake in the UK’s largest semiconductor manufacturer on national security grounds.

17 November 2022

CMA accepts Phase II divestment in three-to-two foam deal

The UK’s antitrust watchdog has accepted a divestiture proposal from Carpenter and Recticel to sell the majority of the latter’s engineered foam businesses in the UK after the companies became the first to ever concede their deal harmed competition during a Phase II probe.

16 November 2022

France clears cash registry merger with behavioural remedies

France’s Competition Authority has cleared a merger between two cash registry companies in Phase I after accepting behavioural remedies aimed at eradicating conglomerate concerns from the transaction.

15 November 2022

Germany prohibits Chinese buyout

The German government has blocked the takeover of a domestic semiconductor production facility by the Swedish subsidiary of a Chinese chipmaker because the deal raised security concerns.

15 November 2022

CMA seeks competition fix for Korean Air/Asiana

The UK’s Competition and Markets Authority has told Korean Air and Asiana Airlines that they have five days to remedy its competition concerns or face an in-depth review into their proposed €1.31 billion merger.

15 November 2022

Colombian aviation regulator grounds Avianca/Viva deal

Colombia’s national aviation authority has blocked a merger between the country’s largest airline and low-cost carrier Viva Air after the pair could not back up their failing firm defence and refused to offer remedies.

11 November 2022

A Q&A with Robin Feldman

Last month, four academics published a joint paper criticising the increasing levels of concentration in the pharmaceutical sector and raising concerns about how widespread industry practices like common ownership could impede proper merger reviews. GCR USA spoke with UC Hastings College of Law professor Robin Feldman, one of the study’s authors, about the implications of those findings.

11 November 2022

EU can mitigate evidentiary issues from new foreign subsidy rules, official says

The head of the European Commission’s foreign subsidies taskforce has pushed back against claims the agency will have problems collecting information from non-EU countries to enforce the incoming regulation.

10 November 2022

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