Max BankJan 27
The Google/Wiz merger needs further scrutiny and should not be cleared. Our joint submission to the EU's competition authority with @openmarkets, @article19_eca, @somo and Balanced Economy Project:
https://rebalance-now.de/en/our-submission-on-the-risks-of-googles-acquisition-of-wiz/
#GoogleWiz #Google #Wiz #MergerControl #EUCompetition
Our submission on the Risks of Google’s Acquisition of Wiz - Rebalance Now

Google intends to acquire the cybersecurity firm Wiz for $32 billion. This would be the largest acquisition in Google’s history and another step toward strengthening Google’s market power. Together with partners, we have submitted a formal submission to the European Competition Authority, urging a thorough investigation of this merger.

Rebalance Now
Show threadJan PenfratApr 29, 2025
#SOMO rightly calls on the @EUCommission and competition authorities to ensure strict enforcement of #MergerControl rules and to investigate acquisitions of small-turnover but high-value start-ups.
Till SteinvorthOct 11, 2023
According to MLex, Illumina will be served with EU order to divest cancer-testing company Grail tomorrow
#antitrust #MergerControl
Till SteinvorthOct 10, 2023

The European Commission is expected to order Illumina Inc. to sell cancer-test provider Grail Inc., undoing a $7 billion acquisition it closed without EU permission.
#MergerControl #Antitrust

https://news.bloomberglaw.com/mergers-and-acquisitions/illumina-ordered-by-eu-regulator-to-undo-grail-acquisition-ft

Illumina Faces Order by EU Merger Watchdog to Sell Grail (2)

European Union merger watchdogs are poised to deliver on their threat to order Illumina Inc. to sell cancer-test provider Grail Inc., undoing a $7 billion acquisition it closed without EU permission.

Till SteinvorthSep 25, 2023

BREAKING - EU Commission prohibits the acquisition of #eTraveli by #Booking

The Commission has found that
1️⃣ Booking is a dominant hotel online travel agency (OTA), market share > 60%
2️⃣ eTraveli is an important provider of flight OTA services
3️⃣ the acquisition would generate significant additional traffic for Booking's platform
4️⃣ the increased traffic would reinforce network effects, increase barriers to entry and strengthen Booking's dominant position

#MergerControl
https://ec.europa.eu/commission/presscorner/detail/en/ip_23_4573

Show threadTill SteinvorthDec 22, 2022
And here is another chart comparing monthly merger filings in 2022 with filings in 2021 and with filings in the pre-Covid period
#MergerControl
Show threadTill SteinvorthDec 22, 2022
What is truly remarkable is the decline in the number of merger filings over the last three years, starting with the Covid pandemic (2020) and going even further with the increase of the merger filing thresholds (2021)
#MergerControl
Till SteinvorthDec 21, 2022

EU antitrust regulators have asked game developers and distributors if they think Microsoft will block their access to Activision Blizzard's games once it has bought the company
#antitrust #mergercontrol

https://www.reuters.com/technology/eu-regulators-quiz-rivals-microsoft-tactics-after-activision-2022-12-20/

EU regulators quiz rivals on Microsoft tactics after Activision

EU antitrust regulators have asked game developers and distributors if they think Microsoft <a href="https://www.reuters.com/companies/MSFT.O" target="_blank">(MSFT.O)</a> will block their access to Activision Blizzard's <a href="https://www.reuters.com/companies/ATVI.O" target="_blank">(ATVI.O)</a> games once it has bought the company, an EU document seen by Reuters shows.

Reuters
Till SteinvorthDec 21, 2022
The @EU_Commission investigates Broadcom's US$ 61 billion bid for VMware
#antitrust #mergercontrol
https://uk.sports.yahoo.com/news/eu-opens-antitrust-probe-broadcoms-162030533.html?guccounter=1
Yahoo is part of the Yahoo family of brands

Till SteinvorthDec 6, 2022

🇪🇺 EU Commission tells Illumina to swiftly unwind Grail deal
#mergercontrol

https://www.reuters.com/markets/deals/illumina-gets-eu-antitrust-charge-sheet-unwind-grail-acquisition-swiftly-2022-12-05/

EU charge sheet tells Illumina to swiftly unwind Grail deal

EU antitrust regulators on Monday proposed measures for U.S. life sciences company Illumina <a href="https://www.reuters.com/companies/ILMN.O" target="_blank">(ILMN.O)</a> to unwind its acquisition of biotech firm Grail <a href="https://www.reuters.com/companies/GRAL.O" target="_blank">(GRAL.O)</a>, three months after blocking the deal on concerns that it would hurt competition.

Reuters