E.U. Antitrust Official Seeks More Control Over M&A

Law360, New York (March 2, 2006, 12:00 AM EST) -- Europe's largest mergers and acquisitions should be reviewed by the European Commission, the European Union’s top antitrust official, European Commissioner for Competition Neelie Kroes, said in a speech this week, amid recent concerns over European countries' protectionist tendencies in blocking foreign takeovers.

In statements made to Dutch business executives in The Hague, Kroes said decisions about big mergers should be made in Brussels and not by national authorities because “we are living in a big internal market," according to Dow Jones.

"What I see is too...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.