parliment flags

On 25 February 2014, the EU Commission announced that it had sent a Statement of Objections (“SO”) to two businesses for allegedly providing the Commission with misleading market shares and an incorrect assessment of the total market. The companies, Ahlstrom Corporation and Munksjo Oyj of Norway and Munksjo AB of Sweden, notified a merger to the Commission for the transfer of their respective label and processing business for sandpaper and other abrasive papers to a new entity, Munksjo Oyj in –Read More–

On 11th December 2013 the General Court dismissed Cisco Systems’ appeal against a Commission decision of October 2011 to clear the acquisition of Skype by Microsoft (case T-79/12). The judgement confirms the Commission’s assessment of new markets and technologies under the EU Merger Regulation. The Court concluded that the Commission’s decision to clear the transaction did not put the development of innovative products and services at risk and therefore the Commission was correct that the merger would not significantly impede –Read More–