European Commission Asserts Jurisdiction to Review Two Non-notifiable Deals

August 2023
Region: Europe

In August 2023, the European Commission (EC) asserted jurisdiction to assess two acquisitions that did not reach the notification thresholds at EU or national levels. The EC accepted requests from member states to assess Qualcomm/Autotalks and EEX/Nasdaq Power under Article 22 of the EU Merger Regulation (EUMR). The cases highlight the extensive reach of the EC’s merger control powers, which extend over deals that are not subject to any mandatory notification requirements.