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Merged companies examined by Spanish watchdog over extent of 'no-poach' clauses

By Tono Gil ( February 28, 2024, 10:32 GMT | Insight) -- Clauses in mergers where companies agree not to hire each other’s employees or enter each other’s markets are under scrutiny by the Spanish competition authority. The national enforcer told MLex it is revisiting concentrations to ensure that their clauses don't go beyond EU rules on ancillary restraints and warned that "maintaining non-compete or no-poach compromises" could lead them to opening "new cartel cases.”Clauses in mergers where companies agree not to hire each other’s employees or enter each other’s markets are under scrutiny by the Spanish competition authority....

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