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Two recent appellate court decisions in the United States and European Union have overturned lower court merger decisions adverse to antitrust agencies. The D.C. Circuit ruled that the trial court erred when it denied the FTC's request to enjoin the merger of Whole Foods and Wild Oats, and the European Court of Justice ruled that the Court of First Instance erred when it overturned the European Commission's approval of a joint venture between Sony Corp. and BMG. Both decisions may embolden the agencies.
August 25, 2008 at 12:00 AM
1 minute read
Presented by BigVoodoo
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