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EU merger remedies often give local companies a leg-up; expect more of that

By Natalie McNelis and Nicholas Hirst ( January 8, 2025, 08:00 GMT | Comment) -- European companies are often the winners when the EU’s merger regulator obtains commitments to divest assets as a condition for approving a deal — for instance, in the railroad sector. As the European Commission comes under pressure to align merger policy with the bloc’s industrial goals, it could do more to highlight that trend. Whisper it quietly, but ensuring such collateral benefits for homegrown competitors could well be a component of a new “EU first” industrial policy approach to merger control.Lost in the debate about the creation of “European champions” can be the gains that other European companies make thanks to the intervention of the EU’s merger regulator....

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