S H E A R M A N & S T E R L I N G L L P | 2 1
MERGER CONTROL
Very significant fines have been levied for
procedural breaches of the merger rules
in the last year or so. Facebook was fined
€110 million in 2017 for providing misleading
information and Altice was fined €125 million
in 2018 for gun-jumping. The European
Commission (EC) has gotten much tougher
on procedural violations of the merger
control rules. But it's not just the EC. The U.S.
agencies have also continued to penalize
gun-jumping heavily, and several other
antitrust authorities across the world are
following suit.
Continued overleaf
TOUGHER
IMPLEMENTATION
OF PROCEDURAL
RULES IN
MERGER CONTROL
BY JAMES WEBBER AND CAROLINE PRÉEL
