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On April 20, 2021, the UK Competition and Markets Authority, the German  Bundeskartellamt and the Australian Competition and Consumer Commission issued a joint statement on merger control to highlight the need for rigorous and effective merger enforcement on a global basis. It is addressed to businesses, advisers, courts, and governments. The statement was prompted by high levels of concentration across certain markets in the UK, Germany, and Australia; an increase in the number of merger reviews involving dynamic and fast-paced markets; and political pressure to relax merger control where markets have been weakened, including by the pandemic. Two key related messages emerge from the statement. First, competition authorities and courts must ensure that merger control consistently prevents firms from using M&A to gain market power, even in weakened markets, because it is difficult to reverse the loss of competition and the long-term negative consequences for businesses and end c

United kingdomE catania multiserviziMichal bobekSupreme administrative courtEuropean unionConsumer commissionUnited kingdom competitionMarkets authorityAustralian competitionAdvocate general michal bobekConsorzio italiano managementCatania multiserviziGrand chamberItalian councilஒன்றுபட்டது கிஂக்டம்மைக்கேல் போபெக்