19Sep
EU Will Propose Merger Control Legislation for Foreign-Subsidized Companies’ Acquisitions in 2021
The European Commission’s (EC) June 2020 white paper proposing wide-ranging controls over foreign-subsidized companies’ access to Europe’s internal market has received fresh impetus. In a report issued earlier this month, the European Union’s (EU) audit body faulted the EC for a hitherto balkanized approach to foreign state-backed acquisitions. Senior administration officials have committed to maximum legislative priority for the proposals....
By:
Skadden, Arps, Slate, Meagher & Flom LLP
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