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A change in the European Commission’s merger control practice is affecting the timing of merger deals and creating more uncertainty for merging companies.
August 05, 2021 at 11:19 AM
3 minute read
The European Commission last week announced that it would investigate whether Facebook’s plans to acquire the U.S.-based software start-up Kustomer could reduce competition in the online advertising market.
And last month, the EU’s executive bloc also announced an in-depth probe into the plans of U.S. life sciences company Illumina to acquire European cancer test maker Grail.
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