The European Commission conditionally approves acquisition in the household and body care market (Unilever / Sara Lee)

Imposing a broad remedy to address competition issues, the European Commission cleared Unilever‘s acquisition of Sara Lee‘s household and body care business on 17 November 2010. This merger decision is a reminder that the EC has the power to seek a remedy from merging parties that goes further than might appear strictly necessary and further than expected. In some cases, the imposition of broad remedies may materially undermine the rational and value of the deal and also delay the deal and impose additional costs. I. Remedies in EU Merger Control As in most merger control regimes, in the European Union transactions are presumptively legal but subject to review by the competition authority. For transactions involving parties with significant turnover in the EU,

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Linklaters (Hong Kong)
  • Cadwalader Wickersham & Taft (Brussels)

Quotation

Marcus Pollard, Vincent Brophy, The European Commission conditionally approves acquisition in the household and body care market (Unilever / Sara Lee), 17 November 2010, e-Competitions Bulletin November 2010, Art. N° 33658

Visites 1174

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues