Topic: Structural remedies

Canadian enforcer loses Rogers/Shaw appeal

Canada’s Federal Court of Appeal has flatly rejected the national antitrust enforcer’s attempt to overturn a ruling in favour of Rogers Communications’ proposed $19 billion acquisition of rival Shaw Communications.

25 January 2023

Australia seeks feedback on construction chemicals merger remedies

The Australian Competition and Consumer Commission has begun consulting on the local aspects of a global divestment package proposed by Sika as it seeks approval for its €5.1 billion acquisition of rival chemical admixture supplier MBCC.

20 January 2023

DOJ and Assa Abloy argue over litigating the fix

Requiring the government to litigate against a divestiture package proposed by lock manufacturers Assa Abloy and Spectrum Brands would circumvent the purpose of merger reviews, the Department of Justice has told a federal court in Washington, DC.

18 January 2023

China conditionally clears Korean Air/Asiana with hybrid fix

China’s antitrust authority has cleared Korean Air’s proposed €1.3 billion majority investment in Asiana Airlines with a mix of structural and behavioural remedies, ending an in-depth merger review that lasted nearly two years.

03 January 2023

EU launches in-depth probe into Broadcom/VMware

The European Commission has launched a Phase II probe into Broadcom’s €57.5 billion purchase of cloud software company VMware over concerns the former could foreclose hardware rivals from accessing the latter’s products.

21 December 2022

Delrahim criticises merger enforcement under Biden administration

The former head of the US Department of Justice’s antitrust division has criticised the Federal Trade Commission for withdrawing the 2020 vertical merger guidelines and condemned the country’s merger review process for being hampered by delays and uncertainty.

20 December 2022

France deepens probe into fattened duck venture

France’s Competition Authority has launched a Phase II probe into a joint venture to produce fattened duck products, after an initial investigation concluded that the deal would give two farm companies significant market shares.

16 December 2022

CMA signals concerns over rail infrastructure deal

The UK’s Competition and Markets Authority has told Hitachi it will need to offer remedies to secure approval for its €1.7 billion proposed purchase of Thales’ rail infrastructure business, due to concerns the transaction could lead to higher fares.

09 December 2022

Egypt prepares for long-awaited merger control regime

Egypt’s parliament has approved landmark legislation to enact a mandatory merger control regime that will give the country’s competition authority the power to block and remedy deals.

08 December 2022

CMA likely to accept divestiture offer in Baker Hughes acquisition

The UK’s antitrust enforcer has said it plans to accept Baker Hughes’ offer to divest its entire UK coiled tubing and pumping business to resolve concerns that the company’s purchase of Altus Intervention could leave oil and gas operators worse off.

07 December 2022

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