Call in the Merger Cavalry – How new intervention powers are transforming merger control
By EsqSocial Corporation 17/01/25
The ECJ’s Illumina/Grail judgment has curtailed the Commission’s direct oversight of certain transactions, thereby elevating the need for national "call-in" powers. These call-in regimes, which are proliferating both inside and outside the EU, create a fragmented tapestry of rules and timelines that heighten legal uncertainty. Although the ECJ ruling was meant to bring more predictability into complex merger control, it has paradoxically made it more convoluted by shunting jurisdiction back to...
By: Hogan Lovells