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EuropeMergers: Commission starts investigation for possible breach of the standstill obligation in...

Mergers: Commission starts investigation for possible breach of the standstill obligation in Illumina / GRAIL transaction

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European Commission
European Commission
The European Commission (EC) is the executive branch of the European Union, responsible for proposing legislation, enforcing EU laws and directing the union's administrative operations. Commissioners swear an oath at the European Court of Justice in Luxembourg City, pledging to respect the treaties and to be completely independent in carrying out their duties during their mandate. (Wikipedia)

European Commission Press release Brussels, 20 Aug 2021 The European Commission has decided to open an investigation to assess whether Illumina’s decision to complete its acquisition of GRAIL, while the Commission’s in-depth investigation into the proposed transaction is still ongoing, constitutes a breach of the “standstill obligation”.

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