The EU’s competition watchdog, the European Commission, is seeking to upgrade its competition toolkit by giving itself power to review acquisitions of non-controlling minority shareholdings. While on the one hand stating a clear intention to make European
merger control rules simpler and less onerous, it may seem odd that the commission is simultaneously consulting on changes that could lead to significantly more private equity transactions triggering notifications in Brussels.
The commission’s current powers to review non-control- ling minority holdings…
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