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The European Union General Court has upheld the European Commission's prohibition of Booking Holdings' proposed acquisition of the Etraveli Group, marking the first judicial confirmation of a 'reverse leveraging' theory of harm in merger control. This landmark judgment establishes that dominant platforms acquiring businesses in complementary markets face heightened scrutiny, even when the market share increment appears minimal, as entrenchment of weak competition may constitute sufficient grounds for prohib

On 13 March 2018, the ECOFIN Council, composed of the EU-28 Finance Ministers, reached political agreement on a Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation ...