EU Puts Spotlight On $21B J&J-Synthes Merger

Law360, New York (November 4, 2011, 2:03 PM EDT) -- Europe's chief regulator will investigate the potentially anti-competitive implications of the $21.3 billion merger between pharmaceuticals giant Johnson & Johnson and medical device maker Synthes Inc., the agency announced Friday.

The European Commission said its antitrust unit would conduct an in-depth investigation into whether the planned merger would stifle competition in the orthopedic devices market.

“The proposed acquisition would remove a competitor from some markets which are already concentrated,” Commission Vice President Joaquin Almunia said. “The commission needs to make sure that effective competition is preserved,...
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