1. More Deals Receive More Scrutiny
Of 98 deals notified, 11 received extended CCPC review (including 4 Phase 2 reviews) – the most extended reviews ever conducted by the CCPC in a single year. While no deal was blocked outright, 5 were cleared conditional on CCPC-approved remedies, including, in one case, a business divestment remedy. The CCPC also used mandatory powers to compel information disclosure more often and, in another first, is pursuing a criminal prosecution in a gun-jumping case. Overall CCPC intervention rates are lower than EU levels.
Read the full article here: Irish Merger Control 2018 – 5 Takeaways