Allen & Overy Partners on a lower bar for the European Commission to block mergers

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Allen & Overy Partners on a lower bar for the European Commission to block mergers

  • November 13, 2022

On 20 October 2022, an adviser (Advocate General) to the European Court of Justice (ECJ) recommended that the ECJ uphold the European Commission (ECappeal )’s of a 2020 General Court (GC) verdict that overturned the EC’s ban on Three and O2’s UK merger.

By raising the EC’s hurdle to prohibit transactions in markets with a few significant players, the GC’s opinion was perceived as favoring consolidation in the telecoms sector and beyond.

Dominic Long
Dominic Long
Thomas Masterman
Christopher Best

Read the full analyses by Allen Overy Partners Dominic Long, Thomas Masterman and Senior Associate Christopher Best.

Picture (c): www.allenovery.com

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