Cutting production doesn’t benefit ‘resilience,’ EU says in redrafted merger guidelines
By Lewis Crofts ( October 20, 2026, 08:30 GMT | Insight) -- Companies expecting merger clearance because their deals make European markets more resilient through a “permanent reduction in production capacity” will likely fail in their pleas, after the European Commission tightened the way it views such arguments. In changes to draft guidelines on M&A review, seen by MLex, the EU regulator has laid out in more detail which “resilience” arguments may convince, but also slammed the door on others.Companies expecting merger clearance because their deals make European markets more resilient through a “permanent reduction in production capacity” will likely fail in their pleas, after the European Commission tightened the way it views such arguments....
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