The Peer-Pressure Probe: European Commission To Review Facebook’s Acquisition Of Kustomer Following Requests From Member Nations
By EsqSocial Corporation 20/05/21
On May 12, 2021, the European Commission (“the Commission”) announced that it will review Facebook’s proposed acquisition of customer relationship management (“CRM”) startup, Kustomer. While the deal failed to trigger the Commission’s pre-merger notification thresholds, ten member nations used the established Article 22 referral process to request that the Commission review the transaction and address potential competitive concerns......
By: Vinson & Elkins LLP