Two Danish utility companies have received fines of DKK 8 million in total for implementing a notifiable merger in 2012 without filing the compulsory merger notification. The case is an obvious reminder of how important it is to focus on competition rules in connection with mergers, acquisitions, sell-offs, joint ventures and similar transactions – also within the utility sector. (more…)
In a judgment of 31 May 2018, the European Court of Justice (ECJ) found that KMPG DK’s termination of a cooperation agreement with KPMG International prior to the Competition Council’s approval of a merger with Ernst & Young was not gun jumping contrary to the competition rules’ prohibition against pre-implementation. (more…)
The Netherlands Authority for Consumers and Markets (ACM) has published its report following a study carried out into the effects of three supermarket mergers. No price effects were found. However, a small effect on product variety was found. The report can be found here.