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CK Hutchison ruling was 'contrary to the very spirit' of EU merger law, Loriot says

By Nicholas Hirst ( September 10, 2020, 14:44 GMT | Insight) -- CK Hutchison's success in getting an EU court to strike down a merger veto by the European Commission could lead to EU officials being forced to wave through mergers that they think are "more likely than not" to harm competition and crimping their ability to scrutinize vertical and conglomerate deals, a senior EU official said. Guillaume Loriot said the ruling ran "contrary to the very spirit" of a 2004 reform that was meant to expand the reach of EU merger control. CK Hutchison's success in getting an EU court to strike down a merger veto by the European Commission risks setting the bloc's merger-review policy back decades, a senior official said today....

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