Work Area: Merger Control

Iceland approves major telecoms merger with revised remedies

Iceland’s Competition Authority has conditionally approved Ardian’s €493 million purchase of the country’s largest telecommunications operator after previously rejecting the companies’ proposed remedies.

20 September 2022

Booz Allen would suffer if it harms NSA, economist testifies

It would not be profitable for Booz Allen Hamilton to submit an inferior bid to the National Security Agency following its acquisition of EverWatch, an economist testifying on behalf of the merging parties has said.

20 September 2022

Antitrust Division says district court was wrong in states’ Meta case

The Department of Justice has appeared before a federal appellate court to criticise aspects of a lower court's dismissal of claims from a coalition of states accusing Meta Platforms of acquiring its competition to enshrine its social networking monopoly.

20 September 2022

China demands first-ever remedies from merging state-owned companies

China’s competition watchdog has imposed a suite of behavioural conditions on a joint venture between two state-owned airport operators, including a commitment not to exchange sensitive information.

16 September 2022

Telefónica fined €5 million for breaching merger commitments

Spain’s antitrust watchdog has hit Telefónica with a €5 million penalty for not abiding by the remedies it imposed when conditionally approving the telecommunications operator’s acquisition of Distribuidora de Television Digital in 2015.

16 September 2022

Argentina seeks remedies in Discovery/WarnerMedia

Argentina’s competition authority has called for remedies in Discovery’s already-completed $43 billion acquisition of WarnerMedia, while issuing an injunction that requires the companies to keep their businesses separate until its competition concerns have been resolved.

16 September 2022

CADE president criticises regulatory landscape

High market shares and increased market concentration do not necessarily lead to less competition or episodes of abusive conduct, the president of Brazil’s competition authority has said while cautioning against unnecessary sector regulation.

16 September 2022

Defence officials express preference for competitive bids

As the Department of Justice tries to prevent Booz Allen Hamilton/EverWatch from closing, three officials from the Department of Defense have testified that the government receives better services when multiple companies submit bids.

16 September 2022

DOJ tries to close door on three-to-two lock merger

A tie-up between door hardware manufacturers Assa Abloy and Spectrum Brands’ hardware division would eliminate head-to-head competition in the market for premium residential door fixtures and smart locks, the Department of Justice has said.

16 September 2022

Canadian chief economist rebukes court-imposed merger standard

Courts have been incredibly naïve in their expectations of what economists can show when challenging a merger, the chief economist at Canada's Competition Bureau has said.

15 September 2022

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