Max Bank1d ago
On my way to Brussels to discuss the draft merger guidelines in the European Parliament. Our mission: competition policy and merger control in the public interest and challenging of increasing corporate concentration. #DMA #mergercontrol #Competition
Max BankMay 7
The draft merger guidelines are cause for concern and potentially lay the groundwork for even greater market concentration in Europe.
https://rebalance-now.de/en/draft-merger-control-guidelines-a-cause-for-concern/
#mergercontrol #mergerguidelines #DMA
#enforcement #rebalancingeurope
Draft Merger Control Guidelines – A Cause for Concern - Rebalance Now

Following a lengthy consultation period, the European Commission published its draft guidelines for merger control last week. These guidelines will serve as the basis for reviewing major mergers in Europe and deciding whether to approve or block them. Our initial reaction: the draft is cause for concern and potentially lays the groundwork for greater market concentration in Europe.

Rebalance Now
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