Two significant merger control judgments in 24 hours, one UK and one EU, underline the importance of judicial control in merger decisions. In the first, the UK Competition Appeal Tribunal (the Tribunal) upheld the UK Competition & Markets Authority’s first ever decision to prohibit a merger on vertical foreclosure grounds. In the second, the General Court quashed the Commission’s prohibition decision on due process grounds for failure to disclose the final version of its economic analysis.
Euclid Law acted for the main complainant in the ICE/Trayport case before the CMA.
Read the full Memo here: Euclid client memo UPS ICE.