The European Commission has approved unconditionally, under the EU Merger Regulation, the merger between Credit Suisse and UBS. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Inmarsat by Viasat. The Commission concluded that the merger would not raise competition concerns in the European Economic Area or any substantial part of it.
Keynote speech by EVP Vestager at the International Forum of the Studienvereinigung Kartellrecht,
Brussels, 25 May 2023.
[...] "You told us to cut even more red tape for mergers that bring no risk to competition. We listened. You told us to ‘focus your resources on the cases that really matter', and we agree. Last year, we launched an exercise that resulted in a Simplification Package, that was just adopted last month.. [...]"
The first issue of 2023 includes the following articles: S&P Global/IHS Markit: A benchmark in preserving fair data markets; Veolia/Suez: No wasted effort; Meta/Kustomer: What’s the Meta with Kustomer?; Cargotec/Konecranes: Heavy-lifting to protect European customers; Ali/Welbilt: A Hot N Cold decision about ovens and ice machines; Bouygues/Equans: Keeping competition “on track”.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of OMV Slovenija by MOL. The approval is conditional on the divesture of 39 fuel stations in Slovenia to the Shell Group.
The European Commission has informed Korean Air of its preliminary view that its proposed acquisition of Asiana may restrict competition in the markets for passenger and cargo air transport services between the European Economic Area and South Korea.
The Commission takes note of the judgments of the General Court dismissing a number of appeals brought against a 2019 Commission's decision. In its decision, the Commission approved, under the EU Merger Regulation, the acquisition of certain E.ON power generation assets by RWE.
In its judgments, the General Court fully upheld the Commission’s decision. Notably, it confirmed that the Commission was correct in assessing the different parts of the asset swap as two separate concentrations. Furthermore, the General Court found that the analytical framework applied by the Commission was sufficiently and adequately explained.
See also Curia's press releases (in PDF format) for Case T-312/20 and for Case T-321/20.
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Activision Blizzard by Microsoft. The approval is conditional on full compliance with the commitments offered by Microsoft. The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current situation.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Alumetal by Norsk Hydro. The Commission concluded that the merger would not raise competition concerns in the European Economic Area, notably for green aluminium foundry alloys.
Listen to DG Competition Director for Mergers Guillaume Loriot tell you all about the new package to simplify merger control procedures.
[...] "The simplification package is a milestone moment in our effort to reduce red tape"
[...] Our objective? Cut reporting requirements by 25%.
The European Commission has today adopted a package to further simplify its procedures for reviewing concentrations under the EU Merger Regulation. The package includes: (i) a revised Merger Implementing Regulation (‘Implementing Regulation'), (ii) a Notice on Simplified Procedure (‘Notice'), and (iii) a Communication on the transmission of documents (‘Communication').
The European Commission has informed Broadcom of its preliminary view that its proposed acquisition of VMware may restrict competition in the market for certain hardware components which interoperate with VMware's virtualisation software.
The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed creation of a joint venture by Orange and MasMovil. The Commission is concerned that the transaction may reduce competition in the retail supply of mobile and fixed broadband services as well as of multiple-play bundles in Spain.
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Photomath, Inc. by Google LLC. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area .
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of VOO and Brutélé by Orange. The approval is conditional on full compliance with a commitments package offered by Orange.
The Commission takes note of the judgment of the Court of justice of the European Union upholding a 2020 judgment of the General Court. In its judgment, the General Court dismissed American Airlines’ action for annulment of a 2018 Commission decision. In its 2018 decision, the Commission awarded ‘Grandfathering rights’ (granting ownership of a slot on a permanent basis) to Delta Air Lines, pursuant to the commitments provided by American Airlines and US Airways to enable the Commission to declare their merger compatible with the internal market in 2013.
In its judgment, the Court fully upheld the Commission’s assessment and decision.
The European Commission has approved unconditionally, under the EU Merger Regulation, the acquisition of the nitrogen business of Borealis AG (‘Borealis NITRO') by AGROFERT Group. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area.
The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of Asiana by Korean Air. The Commission is concerned that the transaction may reduce competition in the markets for passenger and cargo air transport services between the European Economic Area (‘EEA') and South Korea.
The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of Inmarsat by Viasat. The Commission is concerned that the transaction may allow Viasat to reduce competition in the market for the supply of broadband in-flight connectivity (‘IFC') services to commercial airlines.
The European Commission has approved unconditionally, under the EU Merger Regulation, the creation of a joint venture by Deutsche Telekom AG Orange SA, Telefónica S.A. and Vodafone Group plc. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA').
