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Withholding waivers on international information sharing in M&A is 'big mistake,' European enforcer warns

By Lewis Crofts and Flavia Fortes ( April 10, 2024, 20:51 GMT | Insight) -- Companies that don't grant enforcers reviewing international mergers the power to share common documents won't do themselves any favors and will make alignment more difficult, EU and UK competition authorities warned. A European Commission official said withholding waivers is a "big mistake," while a UK counterpart said waivers aren't a "bargaining chip" in merger review.Companies that don't grant enforcers reviewing international mergers the power to share common documents won't do themselves any favors and will make alignment more difficult, EU and UK competition authorities warned today....

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