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Some 40 below-threshold mergers have been checked out by the EU, senior official says

By Nicholas Hirst ( May 23, 2023, 16:20 GMT | Insight) -- The EU's merger watchdog has dug into some 40 deals since 2020 to see if they warrant a referral under the regulator's Article 22 policy, according to a senior official. But it has so far only called in one deal for review: Illumina's acquisition of Grail. Paul Csiszar said there was "no tsunami of Article 22 cases," responding to industry concerns when the new policy was introduced that the regulator would call many deals in for review.The EU's merger watchdog has dug into some 40 deals since 2020 to see if they warrant a referral under the regulator's Article 22 policy, according to a senior official....

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