Illumina, Grail warn EU’s top court of ‘competence creep’ over deal jurisdiction
By Natalie McNelis ( December 12, 2023, 16:50 GMT | Insight) -- Illumina and Grail called on the EU’s top court today to overturn a ruling that upheld the European Commission's power to review their merger on the back of a novel interpretation of Article 22 of the EU Merger Regulation. It’s a case closely watched by dealmakers as the new interpretation changed the scope of the regulator’s jurisdiction. It saw the commission start urging national competition authorities to send otherwise non-notifiable mergers for EU-level review.Illumina and Grail called on the EU’s top court today to overturn a ruling that upheld the European Commission's power to review their merger on the back of a novel interpretation of Article 22 of the EU Merger Regulation....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.