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Mergers and Acquisitions

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Palo Alto Networks receives Austrian clearance for CyberArk buyout December 29, 2025 | Jean Comte

US cybersecurity company Palo Alto Networks’ planned $25 billion acquisition of Israeli identity‑security specialist CyberArk Software has received clearance from the Austrian competition authority. Palo Alto ... (more story)

L’Oréal, Kering seek Austrian approval for ‘strategic’ tie-up December 29, 2025 | Nicholas Hirst

L’Oréal’s “long-term strategic partnership” with luxury giant Kering has been notified to Austria’s competition authority for approval. The regulator has until Jan. 18 to issue an initial verdict on the deal.

China's SAMR cites new merger-penalty benchmarks in 4th gun-jumping case this year December 25, 2025 | MLex Staff

China’s top merger-control regulator has fined two Zhejiang companies a combined 1.7 million yuan ($240,000) for gun-jumping, its fourth publicly disclosed unlawful merger case this year. For the first time si... (more story)

EU told Prosus to sell down Delivery Hero stake faster in Just Eat merger review December 24, 2025 | Lewis Crofts and Nicholas Hirst

Prosus was given six months less than it had before to reduce its 27 percent holding in Delivery Hero, as part of discussions with the European Commission over acquiring Just Eat Takeaway.com. The tech investo... (more story)

Skyworks intends to pull, refile Qorvo HSR paperwork, US SEC filing says December 23, 2025 | Wesley Brown

Skyworks and Qorvo intend to pull and refile Hart-Scott-Rodino Act premerger notification filings in early January, according to a securities filing. The companies filed their notification forms with the US Fe... (more story)

Epta files Hauser acquisition for EU clearance December 23, 2025 | Jean Comte

Commercial refrigeration system maker Epta has requested European Commission authorization for its intended acquisition of Hauser, which supplies commercial refrigeration and related equipment for food retail.... (more story)

States clash with HPE, US DOJ on confidentiality terms in Juniper settlement December 23, 2025 | Flavia Fortes

The US Department of Justice, Hewlett Packard Enterprise and a coalition of state attorneys general have asked a federal judge in California to resolve a dispute over how confidential information may be used i... (more story)

Labor concerns a priority in merger review, noncompete probes, US FTC's Meador says December 22, 2025 | Khushita Vasant and Ilana Kowarski

Concerns over labor market monopsony in merger reviews continue to be an area of focus for the US Federal Trade Commission, which is also targeting noncompete clauses in employee contracts directly through inv... (more story)

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Japan's antitrust watchdog shapes 2026 agenda around SME protection, digital rules December 30, 2025 | Sachiko Sakamaki

Japan’s antitrust watchdog is set to recalibrate its enforcement in 2026, stepping up protection for smaller businesses and policing Big Tech under a new smartphone law, as debates emerge over how competition ... (more story)

US FTC’s 2025 merger trial defeats yielded caselaw windfall for defendants December 29, 2025 | Ilana Kowarski

US Federal Trade Commission merger trial litigators received two unfavorable district court rulings in 2025 that antitrust law enforcement targets could leverage in future cases when disputing government marke... (more story)

US antitrust injunction battles highlight investor disclosure risks December 26, 2025 | Chris May

Corporate executives under pressure to present Wall Street with rosy pictures of future business prospects should take heed of the cautionary tales offered by a trio of recent US antitrust lawsuits where defen... (more story)

US FTC's Meador hopes to push judges to err toward blocking concerning mergers December 26, 2025 | Ilana Kowarski

For Republican US Federal Trade Commissioner Mark Meador, one persistent source of frustration is when merger trial judges discount or ignore the negative implications of clearing anticompetitive transactions,... (more story)

Neil Averitt commentary: 2025 year in review (FTCWatch) December 26, 2025 | Neil Averitt

When a new administration takes office, the year is often marked by quick changes in general policy, which can be far more important than specific cases. This was especially true in the head-snapping transitio... (more story)

Behavioral remedies remain out of fashion at EU merger watchdog December 26, 2025 | Andrew Boyce

The EU’s merger investigations in 2025 confirmed its strong preference for competition concerns to be addressed by “structural” remedies, rather than by “behavioral” ones. This year the European Commission app... (more story)

US state attorneys general increasingly active in merger enforcement in 2025 December 24, 2025 | Flavia Fortes

US state attorneys general are emerging as increasingly assertive and independent actors in merger enforcement, reshaping the antitrust landscape amid a more politicized federal review environment. States are ... (more story)

US FCC increased activity, changed policy direction quickly in 2025 December 23, 2025 | Wesley Brown, Flavia Fortes

The US Federal Communication Commission under Chairman Brendan Carr increased activity and showed clear viewpoint changes in 2025, and utilizing its view of the "public interest" to back up its positions is a ... (more story)