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Facebook's freeze-order challenge will test fitness of UK's voluntary notification regime, Coscelli says

By Victoria Ibitoye ( October 9, 2020, 15:33 GMT | Insight) -- Facebook’s upcoming challenge to the UK antitrust regulator’s refusal to grant “carveouts” from a freeze order will test whether the Competition and Markets Authority’s voluntary regime is tenable, or whether a mandatory notification regime is needed, chief executive Andrea Coscelli has said. He also used a speech today to note that the regulator’s post-Brexit ambition is to be at the top table discussing international mergers, but it's less clear on how it will approach truly global transactions.Facebook’s upcoming challenge to the UK antitrust regulator’s refusal to grant “carveouts” from a freeze order will test whether the Competition and Markets Authority’s voluntary regime is tenable, chief executive Andrea Coscelli has said....

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