The European Commission’s (EC) decision to block Illumina’s acquisition of Grail marks the dawn of a new era for acquisitions of startups with innovation potential. This case involved.
The European Commission blocked Illumina’s acquisition of Grail. It is the first time that the EC prohibited the acquisition of a U.S. startup with no revenues in the European Union. This can result in the highest fine by the EC under the European Union Merger Regulation.
On Sept. 13, Assistant Attorney General Jonathan Kanter delivered remarks at the Georgetown Antitrust Law Symposium, largely focusing on merger control enforcement at the Department of Justice under his leadership.
A Second Request for a Hart-Scott-Rodino (HSR) filing thrusts companies and their counsel into a high-stakes race against time, complicated by massive data volumes and strict.