In an unprecedented intervention by the European Commission (EC), the EC recently asserted jurisdiction over and challenged a United States-based merger that falls below the filing thresholds of the EC and each and every European Union Member State. This action threatens to subject future merger transactions with no material connection to European commerce to merger control by the EC. An extraordinary Statement of Concerns, signed-on by former senior competition law agency leaders and competition law experts from around the world, recently published in Concurrences highlights the harmful implications of the overreach by the EC for predictable global competition law enforcement. Also, in another first, five former Competition Commissioners from Canada are jointly waving the red flag with respect to the EC’s disregard of well-accepted norms established by the Organization for Economic Cooperation and Development (OECD) and the International Competition Network (ICN) as well as longstanding jurisprudence concerning jurisdiction for the purpose of international merger review.Continue Reading Buyer Beware! Aggressive Competition Watchdogs Trying to Block More International Deals – a cautionary tale from the Illumina-GRAIL merger challenge
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Interaction Between Privacy and Competition Law in a Digital Economy Part-2
By Alexandra Mitretodis & Brock Euper on
Introduction
Following up from Part 1 of our article on the interaction of between privacy and competition law in the economy, Part 2 surveys how competition law enforcers in the United States, European Union, and Canada have addressed both competition and privacy concerns as it relates to data.
A number of significant mergers have…
Agreement Amongst Competition Authorities of the G7 Countries on the Digital Economy
Posted in Competition Compliance Programs
The Competition authorities of the G7 countries (Canada, France, Germany, Italy, Japan, the U.K. and the U.S.) and the European Commission have reached a common agreement on the opportunities and challenges arising from the growing digital economy. The agreement was reached on June 5, and adopted by the Finance Ministers and the Bank of Governors…