Work Area: Merger Control

Israeli conglomerate pulls merger notification over antitrust opposition

Lawyers in Israel have warned of a “new approach” to merger control after Fortissimo Capital withdrew its request for clearance to purchase the country’s largest business-to-business platform because the national antitrust enforcer threatened to block the tie-up.

06 February 2023

Meta not incentivised to make own fitness app, court finds

The Federal Trade Commission failed to show that Meta Platforms was likely to enter the virtual reality fitness realm absent its acquisition of Within Unlimited, a California federal judge has ruled.

06 February 2023

FTC adopts tougher stance on divestitures

The US Federal Trade Commission will no longer accept merger remedies with lengthy entanglements, the director of the agency’s antitrust arm has said.

03 February 2023

Lawyers push back against European Parliament competition report

The European Parliament's rapporteur on competition policy has made several recommendations to improve the effectiveness of EU antitrust policy, including introducing rebuttable presumptions into merger control.

03 February 2023

Orange grants Belgian rival access to appease EU in Phase II probe

Orange has promised to give Belgium’s largest cable broadband provider Telenet access to its fixed internet services network in hopes of convincing the European Commission to clear its €1.8 billion acquisition of rivals Voo and Brutélé.

03 February 2023

FTC Democrats deny Meta’s petition for Khan's recusal

Meta Platforms cannot bar Federal Trade Commission chair Lina Khan from participating in decisions related to its proposed acquisition of Within Unlimited, the agency’s two Democrats have ruled – with commissioner Christine Wilson issuing a fiery dissent.

03 February 2023

South African tribunal urged to consult rivals on revised remedies in recycling merger appeal

South Africa’s Competition Tribunal is mulling if it can consider amended remedy proposals that have been revised on the final day of an appeal hearing as a pair of recycling companies challenge the national antitrust enforcer’s prohibition of their tie-up.

02 February 2023

CMA official: authorities are not undermining boundaries of merger control

Criticism that unpredictable and more aggressive enforcement is blurring the established boundaries of merger control wrongly ignores how competition assessments evolve in line with changing markets, a senior official at the UK’s antitrust authority has said.

02 February 2023

DMU could steer rethink on behavioural remedies in digital mergers, CMA official says

Behavioural remedies could be used more commonly to address harmful mergers in the online economy once the UK’s new Digital Markets Unit becomes fully functional, a senior official at the country’s antitrust enforcer has said.

02 February 2023

Microsoft: Gamers cannot block Activision merger

A group of video gamers cannot seek a preliminary injunction against Microsoft’s $68.4 billion proposed acquisition of developer Activision Blizzard because the merging parties still have to finalise the transaction, the companies have argued.

02 February 2023

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