Vestager says EU may review small but data-rich M&A deals

Vestager says EU may review small but data-rich M&A deals
 

EU regulators are considering whether companies that gain access to valuable data via small M&A deals should seek approval for these acquisitions to ensure that they will not hurt competition, the EU's antitrust chief said on Thursday.
European Competition Commissioner Margrethe Vestager's comments come alongside an increasing focus by regulators globally on privacy and the possibility that some companies may buy data-rich rivals to lock in users and squeeze out competitors.
"A company might even buy up a rival just to get hold of its data, even though it hasn't yet managed to turn... read more

 
29 September 2016 in Business, Views: 37
Source: Reuters
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