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Competition Acquisitions European Union

Baker Botts L.L.P.

EU Foreign Subsidies Regulation & M&A: Latest Developments and Implications for Deal Strategy

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The European Union’s Foreign Subsidies Regulation (“FSR”) has now been in force for over a year, introducing a new layer of regulatory oversight for companies engaging in M&A transactions within the EU. Designed to address...more

White & Case LLP

Navigating the EU Foreign Subsidies Regulation: Strategic considerations for financial institutions

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Just two years into the implementation of the EU Foreign Subsidies Regulation (FSR), financial institutions are already experiencing its significant impact. The Regulation’s broad scope, extensive data collection requirements...more

Morgan Lewis

EU Competition Authorities Escalate Enforcement of No-Poach Agreements

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The French Competition Authority recently fined several companies for no-poach agreements, following similar action by the European Commission in the online food delivery sector. These decisions mark a sharp escalation in...more

Baker Botts L.L.P.

Referrals under Article 22 EUMR — Levels of information required to kick off the statutory deadline for referral by an NCA

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On 2 July 2025, the Court of Justice of the European Union (General Court) clarified that simply "informing" the authorities of a proposed concentration isn’t enough to kick off the 15-working-days time limit under which a...more

Mayer Brown

Europe Daily News, 04 to 07 July 2025

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COMPETITION - Action brought on 21 May 2025 - Condor Flugdienst Vs. Commission (Case T-320/25) Re: annulment of Commission Decision C(2024) 4729 final declaring a concentration compatible with the internal market and the...more

White & Case LLP

Two years of the EU Foreign Subsidies Regulation – what dealmakers need to know

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Two years ago, the FSR arrived as the new kid on the block in Brussels. Today, it is one of the EU's sharpest enforcement tools, and one that is only gaining prominence as geopolitical tensions reshape global investment and...more

Baker Botts L.L.P.

European Commission Approves Liberty Media’s Acquisition of MotoGP

Baker Botts L.L.P. on

On 23 June, the European Commission (“Commission”), following a Phase II investigation, unconditionally approved the acquisition by Liberty Media Corporation (“Liberty Media”) of Dorna Sports, S.L. (“Dorna”) (Case M.11539,...more

Cooley LLP

No-Poach Agreements Draw 360 Million Euros in EU Antitrust Fines

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In June 2025, the European Commission (EC) and the French Competition Authority (FCA) took enforcement action against three cartels involving “no-poach” practices – agreements not to hire or solicit rivals’ employees. Five...more

McDermott Will & Emery

Minority Stakes, Major Consequences: Lessons From the Delivery Hero/Glovo Case

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On 2 June 2025, the European Commission (the Commission) announced a landmark decision, sanctioning companies for the first time over a standalone “no-poach” cartel agreement. Another key element of the decision was its focus...more

Baker Botts L.L.P.

Labour markets: two EC firsts in EU antitrust enforcement

Baker Botts L.L.P. on

On 2 June 2025, the European Commission fined Delivery Hero and Glovo a total of EUR 329 million for participation in a cartel in the online food delivery sector. Notably, this marks not only the first time the Commission has...more

WilmerHale

Healthcare & Antitrust: What to Expect in the New Trump Administration

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Antitrust scrutiny of healthcare markets is nothing new. The Biden Administration and first Trump Administration focused antitrust enforcement efforts across the healthcare and life sciences industries. The newly installed...more

Alston & Bird

EC’s First In-Depth FSR Merger Decision – Initial Takeaways for Dealmakers

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Our Antitrust Team examines the European Commission’s first conditional merger clearance under the Foreign Subsidies Regulation (FSR) and how it provides key insights into how foreign financial contributions impact...more

Goodwin

Practical Takeaways from the Recently Published EU Foreign Subsidies Decision in Case FS.100011 - e&/PPF

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The European Commission has released the full, non-confidential text of its decision in Case FS.100011 – e&/PPF, marking a watershed moment under the EU Foreign Subsidies Regulation (FSR). This is the first case to be cleared...more

McDermott Will & Emery

Antitrust M&A Snapshot | Q1 2025

JANUARY – MARCH 2025: KEY THEMES AND TAKEAWAYS - UNITED STATES - FTC Loses Vertical Challenge to Tempur Sealy/Mattress Firm On July 2, 2024, the US Federal Trade Commission (FTC) filed suit in federal court seeking to block...more

BCLP

First Decision Published by the Commission Under the FSR

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The European Commission finally published, more than 6 months after its adoption, its first decision under the Foreign Subsidies Regulation (“FSR”)....more

Mayer Brown

Europe Daily News, 15 April 2025

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COMPETITION - Prior notification of a concentration (Case M.11950 - Salling Group / Rimi Baltic) - Non-opposition to a notified concentration (Case M.11899 - SRI / Dunlop Tire Business)...more

Mayer Brown

Europe Daily News, 14 April 2025

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COMPETITION - Prior notification of a concentration (Case M.11949 - Invesco / Mitel) - Prior notification of a concentration (Case M.11840 - Sodecia / Huk Holding / HUF Hülsbeck & Fürst / Huf - Industrieverwaltung)...more

Mayer Brown

Europe Daily News, 11 April 2025

Mayer Brown on

COMPETITION - Summary of Commission Decision of 23 October 2024 relating to a proceeding under Article 101 of the TFEU (Case AT.40401 - Second-hand Rolling Stock) - Opinion of the advisory committee onrestrictive practices...more

Mayer Brown

Europe Daily News, 10 April 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11937 - Warburg Pincus / Berkshire Partners / Triumph Group ) - Prior notification of a concentration (Case M.11812 - Methanex / OCI Methanol Business)...more

Mayer Brown

Europe Daily News, 09 April 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11947 - AP / LGP / Green Epic Topco) - Prior notification of a concentration (Case M.11771 - Adnoc / Covestro)...more

Mayer Brown

Europe Daily News, 08 April 2025

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COMPETITION - Commission published its Decision approving acquisition by SNAM of the joint control of Terminale GNL Adriatico (M.11568) - Poland : UOKIK has given its conditional approval for the concentration between...more

Morrison & Foerster LLP

Sights and Sounds from the Antitrust Section’s 2025 Spring Meeting

Antitrust experts from across the globe convened in Washington, D.C. on April 2–4, 2025 to discuss new enforcement policies and share updates on current issues in antitrust. We provide the key highlights from numerous panels...more

Mayer Brown

Europe Daily News, 27 March 2025

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COMPETITION - Opinion of Advocate General Rantos of 27 March 2025 in Case C-2/24 P; Teva Pharmaceutical Industries Ltd, Cephalon Inc. Vs. European Commission...more

Mayer Brown

Europe Daily News, 26 March 2025

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COMPETITION - Cartel in the European Government Bonds sector: the General Court largely confirms the decision of the Commission (See CPR Nº 39/2025 - Judgments of the General Court in Cases T-441/21, T-449/21, T-453/21,...more

Mayer Brown

Europe Daily News, 02 April 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11929 - MET / Mega)... Prior notification of a concentration (Case M.11828 - BNPP / Axa IM)...more

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