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French finance minister proposes retroactive EU merger remedies

1 month ago   |   By Politico

The European Commission should unconditionally approve mergers then impose remedies several months after the deal, French Finance Minister Bruno Le Maire proposed today at POLITICO and L'AGEFI Finance Summit in Paris.
“Instead of imposing commitments to companies immediately when they merge, with the risk of weakening the new entity, we could clear the merger and then, after six months or one year, consider behavioral remedies... depending on the influence of this new undertaking on the market,” Le Maire said.
Under existing EU merger rules, remedies to fix anti-competitive consequences of...
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