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Earthquake in merger law
In a ruling handed down on 3 September 2024 Illumina & Grail the Court of Justice of the European Union annulled the ruling of the Court of First Instance (CFI) of 13 July 2022 upholding the decisions of the European Commission. The CFIUE's ruling - upholding the Commission's decisions - allowed the European Commission to control, on the basis of the referral provided for in Article 22 of Regulation 139/2004 on the control of concentrations, transactions that did not meet the national control thresholds when they were likely to affect trade between Member States and threaten to significantly affect competition (...)
In a ruling handed down on 3 September 2024 Illumina & Grail the Court of Justice of the European Union annulled the ruling of the Court of First Instance (CFI) of 13 July 2022 upholding the decisions of the European Commission. The CFIUE's ruling - upholding the Commission's decisions - (...)