In The News

European Commission clears ArcelorMittal's acquisition of Ilva subject to conditions

The European Commission has cleared the acquisition of Ilva by ArcelorMittal following a phase 2 merger investigation. The decision is conditional on the divestiture of a number of assets intended to preserve competition on European steel markets. Click here.

European Commission confirms dawn raids in the metal packaging sector

The European Commission has confirmed that on 24 April 2018 its officials carried out unannounced inspections in several Member States at the premises of companies active in the metal packaging sector. The Commission has concerns that the companies involved may have infringed Article 101. The Commission officials were accompanied by their counterparts from the relevant national competition authorities. The German Competition Authority initially investigated the conduct of a number of undertakings active in this sector and found that the suspected anticompetitive behaviour may have extended to markets outside Germany, in several Member States. Click here.

EU

Mergers

The European Commission has approved the acquisition of Rockwell Collins by United Technologies Corporation in the aerospace sector. The decision is conditional on divestment of businesses in actuators, pilot controls, ice protection and oxygen systems. Click here.

UK

CMA

The CMA has referred the proposed merger of SSE Retail and Npower for an in-depth phase 2 merger investigation. Click here.