BRUSSELS, Nov. 5, 2024 /PRNewswire/ --
European Union key facts:
-- With only eight significant merger investigations concluded thus far in
2024, the EC continues to fall behind the average for the first nine
months of the year.
-- Phase I remedy cases are slowly becoming a thing of the past,
representing only one percent of all Phase I cases.
-- The proportion of deals abandoned is rising in the EU, reaching 25
percent of total significant merger investigations for the first time
since 2011.
-- The average duration of both Phase I with remedies and Phase II cases
remains high, despite signs of improvement for Phase II cases.
-- The rejection of the EC's approach to Article 22 by the ECJ heralds a
new era of uncertainty for merging parties, with the EC counting on
Member States using their call-in powers to enable referrals.
Read the full report here [https://c212.net/c/link/?t=0&l=en&o=4295302-1&h=2789950631&u=https%3A%2F%2Fwww.dechert.com%2Fknowledge%2Fpublication%2F2024%2F10%2Fdamitt-q3-2024--tricks-and-treats-in-merger-enforcement-.html%3Futm_source%3Dvuture%26utm_medium%3Demail%26utm_campaign%3D2024%252f10%252f30%2520damitt%2520q3%25202024%253a%2520tricks%2520and%2520treats%2520in%2520merger%2520enforcement&a=here].
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View original content:https://www.prnewswire.co.uk/news-releases/dechert-antitrust-merger-investigation-timing-tracker-damitt-q3-report-published-302296747.html [https://www.prnewswire.co.uk/news-releases/dechert-antitrust-merger-investigation-timing-tracker-damitt-q3-report-published-302296747.html]
Dechert LLPCONTACT: Anna Mauremootoo E: anna.mauremootoo@dechert.com
