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ARTICLE · 17 JANUARY 2018

EU Merger Control Alert

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After detailed investigations and subject to extensive divestments, the European Commission ("EC") cleared two transactions in the agricultural chemicals area.

European UnionCorporate/Commercial Law

EU Merger Control 2017: Competition in Innovation; EC Prohibiting Deals; Fines for Procedural Infringements; and EU Courts Overturning EC Decisions

Introduction

2017 saw some highly significant investigations and court judgments in European Union merger control. Notably:

  • After detailed investigations and subject to extensive divestments, the European Commission ("EC") cleared two transactions in the agricultural chemicals area. The EC's analysis of competition in innovation in the Dow/Dupont merger broke new ground.
  • Three notified transactions failed because of substantive concerns: the Deutsche Börse/London Stock Exchange Group and HeidelbergCement/Schwenk/Cemex Croatia deals were prohibited and Knorr-Bremse/Haldex was abandoned during a Phase II review.

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