EUMR meaning

In this issue: UK NSI Act UK mergers UK competition policy EU mergers EU antitrust EU Foreign Subsidies Regulation New and updated content Daily and weekly news alerts Caselex UK NSI Act Government consults on proposed reforms to the NSI Act 2021 mandatory notification regime The UK Government has launched a consultation on proposed revisions to the National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021, which determine the scope of mandatory filings under the NSI Act. This follows the 2024 statutory review of the NARs and engagement through the 2023 Call for Evidence. The Government sets out targeted adjustments intended to keep the regime proportionate and effective at capturing national security risks in sensitive parts of the UK economy, whilst ensuring that the vast majority of transactions remain outside its reach. Key proposals include: New standalone mandatory notification areas: creating two separate categories for...

In this issue: UK mergers UK antitrust UK subsidy control UK competition policy EU antitrust EU mergers EU State aid EU market studies New and updated content Daily and weekly news alerts Caselex UK mergers Government consults on further changes to the draft Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) (No 2) Regulations The Department for Culture, Media and Sport (DCMS) has published a consultation on proposed further amendments to the Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2025 (the Regulations). Through changes to the Enterprise Act 2002, the Digital Markets, Competition and Consumers Act 2024 introduced a foreign state intervention (FSI) regime for newspapers and periodic news magazines, preventing foreign state ownership, control, or influence over these publications. The Regulations carry forward the government’s decision to provide narrow exemptions to the FSI framework. Under the proposals, defined state-owned investors (SOIs) could hold up to...

Mergers A notice summarising the Commission’s 21 February 2022 decision in VIG/Aegon CEE (Case M.10494) has been issued, concluding that Hungary’s veto of Vienna Insurance Group AG Wiener Versicherung Gruppe’s acquisition of AEGON Group’s two Hungarian subsidiaries breached Article 21 EUMR—see further, decision NOTE—For current merger investigations before the Commission, see further, EU mergers—ongoing cases tracker State aid Under the EU State aid rules, the Commission has cleared a French scheme, valued at €450m, to support the forestry sector—see further, Midday Express NOTE—For all ongoing State aid decisions and live formal State aid investigations, see further, EU State aid decisions—ongoing cases tracker Upcoming dates For dates of forthcoming EU competition developments, see further, EU Competition calendar...

CASE HUB See more, timeline, commentary and connected cases. Case facts European Commission merger inquiry under Article 14(1) EUMR into inaccurate or misleading information supplied by KKR during the Commission’s 2024 review of KKR’s acquisition of NetCo. Latest developments On 24 July 2025, the Commission opened its investigation. Parties KKR & Co. Inc (KKR): Headquartered in the US, KKR is a global investment firm providing alternative asset management alongside capital markets and insurance services. NetCo: Based in Italy, NetCo is a newly established company that comprises FiberCop—presently jointly controlled by KKR and TIM—as well as TIM’s primary and backbone fixed-line network...

CASE HUB ARCHIVED This archive captures the position as at the date of the decision and is no longer maintained. NOTE Appeals were lodged before the General Court in Cases T-755/21, T-23/22, T-5/23 and T-591/23. See the timeline, commentary and related/relevant cases for further details. Case facts Outline European Commission inquiry into whether, amongst other matters, Illumina’s completion of its acquisition of GRAIL while the Commission’s in-depth review of the notified deal was still underway breached the standstill obligation under Article 7 EUMR (M.10493). Latest development On 6 September 2024, the Commission announced the withdrawal of its decisions in M.10493, M.10483, M.10938 and M.10939, following the Court of Justice’s judgment in Case C-611/22. Parties Illumina, Inc. (Illumina): Illumina is a global genomics business, incorporated and headquartered in the US, which primarily develops, manufactures and commercialises next-generation sequencing (NGS) systems for genetic and genomic analysis. GRAIL, Inc. (GRAIL): GRAIL is a US-incorporated and US-headquartered healthcare company focused on technologies...

CASE HUB ARCHIVED This archived case hub records the position as at the decision date of 9 September 2014 and is no longer being updated. See the timeline and related/relevant cases for further detail. Case facts Outline: European Commission phase II merger inquiry into Cemex’s proposed purchase of selected Holcim assets in Spain (Case M.7054). The probe was opened after Spain made an Article 22 referral. The deal concerns two of Spain’s foremost cement suppliers. Latest developments The Commission approved the deal without conditions on 9 September 2014. It had sent the merger to an in-depth, phase II review on 23 April 2014, and, on 28 July 2014, extended the phase II deadline by five working days under Article 10(3)(2). Commitments were filed in phase I on 28 March 2014. The case did not reach the EUMR thresholds and was therefore notified to the national competition authorities in Spain and the Czech Republic—Spain then asked the Commission to take...

Overview The EU Merger Regulation (EUMR) (Regulation (EC) No 139/2004) applies to concentrations with an EU dimension. If [ name of project/transaction ] falls within EUMR, it must be notified to the European Commission (the Commission) prior to completion. The transaction cannot be finalised until clearance has been granted. Accordingly, an assessment should be undertaken as soon as possible at the earliest opportunity to confirm whether [ project name/transaction ] possesses an ‘EU dimension’ for these purposes...