Work Area: Merger Control

Australia’s competition authority has rejected a proposed 10-year infrastructure sharing deal between mobile network operators Telstra and TPG Telecom after finding it would likely harm coverage, network quality and innovation.

21 December 2022

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

Australia’s competition authority has rejected a proposed 10-year infrastructure sharing deal between mobile network operators Telstra and TPG Telecom after finding it would likely harm coverage, network quality and innovation.

21 December 2022

The Committee on Foreign Investment in the United States has ordered a technology company with a research and development centre in China to fully divest its majority stake in a Hawaiian solar energy storage supplier due to national security concerns.

21 December 2022

The US Senate has advanced a spending bill that would increase merger filing fees, prevent the transferring of lawsuits brought by state attorneys general and increase funding for the US antitrust agencies.

21 December 2022

The UK’s Competition and Markets Authority has launched an in-depth probe into a €114 million tie-up between two hearing implant companies after enforcers in Australia and the EU also raised competition concerns with the deal.

20 December 2022

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

Ireland’s Competition and Consumer Protection Commission has blocked a pharmaceutical distributor’s acquisition of a pharmacy services provider, marking the first time the authority has prohibited a merger since it was formed in 2014.

19 December 2022

The Dutch subsidiary of Shanghai-listed Wingtech Technologies has applied for a judicial review of the UK government’s decision to unwind its acquisition of a major semiconductor maker, marking the first challenge under the country’s new foreign investment regime.

19 December 2022

Aviv Nevo’s appointment as head of the Federal Trade Commission’s economics department could help the agency adjust its precarious record in litigating mergers, although a lack of new legislation could hamper his effectiveness, antitrust experts have said.

19 December 2022