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A European appeals court on Thursday overturned a European Union merger prohibition for the first time in a decision expected to make it much harder for EU regulators to block corporate combinations. The Luxembourg-based European Court of First Instance struck down the European Commission's controversial 1999 veto of MyTravel Group plc's unsolicited bid for a smaller U.K. rival, First Choice Holidays plc.
June 10, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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