Work Area: Merger Control

UK conditionally clears pair of foreign investments

The UK government has imposed national security-related remedies on the acquisition of UK eSIM company Truphone by a pair of European billionaires, on the same day it also placed restrictions on a Chinese electric power company’s acquisition of control over a London-based construction company.

06 December 2022

Collusion concerns drive Spanish scrutiny of three-to-two news distribution deal

A Spanish periodicals distributor’s plan to buy out the subsidiary that it currently co-owns with a rival warrants a Phase II probe because the tie-up could facilitate collusion between the two competitors, the country’s competition enforcer has said.

06 December 2022

EU lays out path to dissolve Illumina/Grail

The European Commission has ordered Illumina and Grail to comply with a package of divestment and transitional measures as they unwind their deal to restore competition and continue the “innovation race” for early cancer detection tests.

05 December 2022

Enforcers have undervalued innovation, CMA chief economist says

The UK’s chief competition economist has said antitrust authorities have allowed too many mergers in the tech space because they “undervalue innovation” and have become “paralysed” in the face of uncertainty.

05 December 2022

Assa Abloy: proposed divestiture will beat DOJ challenge

Hardware manufacturer Assa Abloy is selling its Yale and Emtek Lock brands in an attempt to topple the Department of Justice’s bid to block its $4.3 billion purchase of Spectrum Brands’ Hardware and Home Improvement business.

05 December 2022

CMA orders divestments in three-to-two software deal to protect emergency services

The UK’s Competition and Markets Authority has ordered NEC Software Solutions to divest two specialist software products used by the country’s emergency services to allay the competition concerns from its acquisition of a rival provider.

02 December 2022

Brazilian hospitals challenge enforcer’s preliminary merger approval

Brazil’s competition authority is allowing nine hospitals to oppose an opinion by the agency’s investigative arm that provisionally blessed private hospital operator Rede D’Or’s proposed acquisition of health insurer SulAmérica.

02 December 2022

Failing firm defence comes down to takeover strategy, French mergers head says

The head of the French antitrust enforcer's mergers unit has said companies should not be scared of invoking the failing firm defence during merger reviews, but warned that internal documents and the manner of takeover are key to gaining approval.

02 December 2022

GOP will not carry water for woke companies, senator says

Republican lawmakers will be less inclined to support free enterprise for businesses that discriminate against conservatives, Senator Tom Cotton has said.

02 December 2022

EU starts Vivendi/Lagardère Phase II as Kronospan/Pfleiderer Polska collapses over remedies

The European Commission’s decision to open an in-depth probe into a major French publishing merger on the same day that a pair of wood panelling companies dropped their planned tie-up mid-Phase II does not necessarily point to increased intervention, lawyers have said.

01 December 2022

Unlock unlimited access to all Global Competition Review content