Topic: Behavioural remedies

China conditionally clears optical device maker’s acquisition of laser company

China’s competition authority has cleared optical components manufacturer II-VI’s proposed acquisition of laser maker Coherent after the companies agreed to continue supplying certain products to Chinese customers on fair, reasonable and non-discriminatory terms.

29 June 2022

Austria’s highest court denies enforcer’s bid to unwind Meta/Giphy

Austria's Supreme Court has confirmed a lower court’s decision that conditionally cleared Meta’s already-completed €340 million acquisition of Giphy, rejecting the national competition authority’s bid to unwind the deal.

27 June 2022

South African court reinstates enforcer’s remedy breach notice on Coca-Cola bottler

South Africa’s Competition Appeal Court has criticised the competition tribunal for overstepping its merger remedy review powers when overturning the antitrust authority’s finding that a Coca-Cola bottler breached its merger commitments.

24 June 2022

UK consults on English Channel ferry commitments

A pair of ferry operators have offered to amend their capacity-sharing agreement to end a probe by the UK’s antitrust enforcer, but they still face the threat of sanctions from France’s Competition Authority.

13 June 2022

Denmark conditionally clears broadband merger in Phase II

Denmark’s antitrust watchdog has cleared a tie-up between the country’s largest fibre network owner and a rival, conditioned on behavioural remedies that ensure their downstream services are not shielded from competing with other providers.

30 May 2022

CADE conditionally clears Carrefour deal

Brazil’s competition authority has conditionally approved a local Carrefour subsidiary’s acquisition of rival supermarket Grupo Big after developing novel IT software to analyse data from across the retail food sector.

26 May 2022

Ireland conditionally clears banking deal

Ireland’s competition authority has approved Bank of Ireland’s acquisition of a rival’s loan and mortgage lending assets, after the buyer promised to make a combined €1 billion in funding available to certain competitors in the national mortgage market.

24 May 2022

CMA signals intervention intent in two in-depth probes

The UK’s Competition and Markets Authority has provisionally concluded that Veolia’s acquisition of Suez will reduce competition in several UK markets, while also signalling its intent to unwind an already-completed property software deal.

19 May 2022

General Court upholds copper deal block

The EU’s General Court has fully upheld the European Commission’s decision to block a deal between two flat-rolled copper manufacturers, rejecting claims that the agency carried out an unlawful market test on proposed remedies and that its decision contradicted a previous merger clearance.

18 May 2022

New ACCC chair strikes measured tone in first major speech

The new head of Australia’s competition watchdog has refused to explicitly call for changes to the country’s competition law until after the federal elections this month, as she reflected on priorities laid out by her predecessor.

04 May 2022

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