French waste and water management companies Veolia and Suez will seek EU antitrust approval this month for their tie-up to create a national champion better able to compete with Chinese rivals, a person familiar with...
Norway’s antitrust regulator opposes DNB’s $1.3 billion Sbanken takeover
Norway’s largest bank DNB should not be allowed to buy online rival Sbanken as the deal could hurt customers in the mutual fund market, the Norwegian Competition Authority (NCA) said in a preliminary ruling on Thursday...
SC scraps Amazon, Flipkart petitions on antitrust probe
The Supreme Court on Monday refused to stay an antitrust probe against e-commerce giants Amazon India and Flipkart, observing that the firms must submit themselves to an inquiry by the Competition Commission of India...
Biden’s antitrust crackdown adds to anxiety of merger investors
U.S. President Joe Biden’s tougher regulatory stance on big corporate mergers has fueled a rise in investor bets on some deals not being completed, threatening to push the brakes on a record-setting dealmaking boom...
U.S. antitrust enforcer says merger wave means slower vetting
A huge increase in the number of mergers coming before the U.S. Federal Trade Commission for antitrust reviews is limiting its ability to investigate deals in a timely fashion, the FTC said on Tuesday. The agency, which...
Facebook’s Kustomer deal set to face EU antitrust investigation
Facebook’s acquisition of U.S. customer service startup Kustomer is set to trigger a full-scale EU antitrust investigation next month, three people familiar with the matter said on Friday. The world’s largest social...
EU antitrust regulators put probe into Cargotec, Konecranes merger on hold
EU antitrust regulators have suspended their investigation into the merger of Finnish engineering firm Konecranes and cargo handling machinery maker Cargotec, a European Commission filing showed on Thursday. The EU...
U.S. judge narrows focus of antitrust suit over $30 billion Aon-Willis merger
A federal judge has narrowed the scope of a U.S. Department of Justice lawsuit blocking the proposed $30 billion merger of insurance brokers Aon PLC and Willis Towers Watson PLC, allowing the companies to finalize...
Senator Warren questions Lockheed’s antitrust solution to buy Aerojet
U.S. Senator Elizabeth Warren has asked the Federal Trade Commission to take a tougher look at defense industry mergers, questioning a proposal from Lockheed Martin that would allow it to buy the biggest independent...
EU antitrust regulators set July 22 deadline for Illumina, Grail deal
EU antitrust regulators will rule by July 22 whether to clear Illumina Inc’s proposed $7.1 billion acquisition of cancer test maker Grail Inc, a European Commission filing showed on Thursday. U.S. life sciences...
Dealmakers see M&A rush, then chills, in Biden’s antitrust crackdown
Dealmakers expect a new wave of transformative U.S. mergers and acquisitions (M&A), as companies rush to complete deals before President Joe Biden’s antitrust push takes shape, to be followed by a slowdown when...
Chinese antitrust regulator blocks Tencent’s $5.3 billion video games merger
China’s market regulator on Saturday said it would block Tencent Holdings Ltd’s plan to merge the country’s top two videogame streaming sites, Huya and DouYu, on antitrust grounds. Tencent first...