Philip Torbøl

Dec 6, 2023 | mondaq.com | Philip Torbøl |Mélanie Bruneau |Francesco Carloni |Giovanni Campi

European Commission Approves Consolidation in the Ground Transportation Sector Subject to Remedies The companies are two global suppliers of signalling systems for mainline and urban railway networks. The US$1.8 billion transaction was announced in August 2021 (Transaction). The Transaction was initially notified to the European Commission (Commission) on 4 October 2022. However, the parties decided to withdraw the filing on 2 November 2022 due to competition concerns raised by the Commission.

Dec 4, 2023 | natlawreview.com | Philip Torbøl

European Commission Approves Consolidation in the Ground Transportation Sector Subject to Remedies The companies are two global suppliers of signalling systems for mainline and urban railway networks. The US$1.8 billion transaction was announced in August 2021 (Transaction). The Transaction was initially notified to the European Commission (Commission) on 4 October 2022. However, the parties decided to withdraw the filing on 2 November 2022 due to competition concerns raised by the Commission.

Oct 30, 2023 | mondaq.com | Philip Torbøl |Mélanie Bruneau |Francesco Carloni |Giovanni Campi

European Commission Prohibits US$1.7 Billion Merger in Online Travel Agency Sector On 25 September 2023, the European Commission (Commission) prohibited, under Council Regulation (EC) No 139/2004 (EU Merger Regulation), a merger in the online travel agency sector. The Commission found that the acquisition would have strengthened a dominant position on the market for hotel online travel agencies in the European Economic Area (EEA).

Oct 26, 2023 | natlawreview.com | Philip Torbøl

ANTITRUST AND COMPETITIONEuropean Commission Prohibits US$1.7 Billion Merger in Online Travel Agency Sector On 25 September 2023, the European Commission (Commission) prohibited, under Council Regulation (EC) No 139/2004 (EU Merger Regulation), a merger in the online travel agency sector. The Commission found that the acquisition would have strengthened a dominant position on the market for hotel online travel agencies in the European Economic Area (EEA).

Sep 28, 2023 | mondaq.com | Philip Torbøl |Mélanie Bruneau |Francesco Carloni |Giovanni Campi

The European Commission's Merger Simplification Package Enters Into Force On 20 April 2023, the European Commission (Commission) adopted a new legislative package that entered into force on 1 September 2023 consisting of: (i) an implementing regulation, (ii) a notice on simplified procedure (Notice), and (iii) a communication on the transmission of documents (Communication) (collectively, the Merger Simplification Package).