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

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

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

More news

Trending news

Rivian Automotive and the Volkswagen Group have entered into a transaction agreement. They will create a new joint venture called
Hengeler Mueller is pleased to announce the promotion of several lawyers to partners, effective 1 January 2025: Additionally, the following
Outpatient healthcare The Health Care Team of Luther Rechtsanwalts-gesellschaft advised Meliva GmbH again. This time, it was on a transaction
Starting 1 January 2025, Oppenhoff welcomes Dr. Daniel Dohrn (Antitrust) and Marc Alexander Häger (Real Estate) as equity partners. Dr.
Inflexion, a European private equity firm, is buying Axel Springer’s shares in finanzen.net, Germany’s top financial portal. The deal also
Fieldfisher advised Italian logistics group Savino Del Bene on acquiring Seabridge Transport GmbH. The acquisition strengthens Savino Del Bene’s position
Tech M&A Global law firm Clifford Chance advised Amundi Asset Management SAS on its EUR 149 million acquisition of aixigo
Text As a law firm with numerous international clients, staying well-connected with top law firms in other countries is essential.
Allen & Overy (A&O) and Shearman & Sterling (Shearman) have announced the first partner promotions for their soon-to-be merged entity,