1. Sustainability Considerations in EU Merger Control
On 10 September 2023, European Commission's (EC) DG
Competition made public its approach to sustainability in EU merger
control from various angles including market definition,
competitive assessment, remedies and vigilance on "green"
killer acquisitions. The EC further elaborated on several recent
cases as an illustration of how these tools are applied in recent
merger enforcement. The wider context here is the EC's key goal
of transitioning towards a climate neutral, resourceefficient and
competitive economy as part of the 'green transition' and
the EC's European Green Deal.1
Market Definition
Stronger demand by consumers, businesses, and society as a whole
for more sustainable products and sustainability-related targets
has prompted the EC to take sustainability considerations
increasingly into account when defining relevant markets. In recent
cases, the EC has on many occasions looked into