4.9 • 9 Ratings
🗓️ 8 April 2022
⏱️ 23 minutes
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0:00.0 | Hello, welcome back. It's great to see you again. I'm James Panicki, M-Lex's Asia-Pacific |
0:15.6 | Senior Editor, and I'm here to take you through some of the biggest regulatory stories covered by our team of reporters around the globe. |
0:24.2 | In just under 10 minutes from now, we'll be crossing to our correspondent in Sao Paulo, Brazil, |
0:29.6 | to talk once again about the workings of the country's competition regulator and its in-house tribunal. |
0:37.1 | And it's not just inside baseball. |
0:39.6 | The way Kajé is being run and recent structural changes are likely to have a very |
0:45.0 | real impact on the way competition matters are dealt with in Brazil. |
0:50.0 | First up, though, a question. |
0:51.8 | When it comes to mergers and acquisitions, are you team UK or team European Commission? |
0:59.2 | It's a question that comes down to your view on legal remedies and undertakings. |
1:04.1 | Can merging companies be trusted to proceed with an anti-competitive deal simply because they undertake to do X, Y and Z, or Z for our |
1:14.4 | US listeners. Well, in the post-Brexit firmament that's now taking shape, there appears to be a |
1:20.3 | clear division between regulators that adhere to the stance of the UK Competition and Markets |
1:26.5 | Authority, which appears unwilling to accept remedies, |
1:30.5 | and those that, like the European Union, are prepared to waive deals through when the offer is right. |
1:37.4 | It's all come to a head with the now abandoned merger between two Finnish companies. |
1:43.1 | Victoria Ibitoye is an MLEC senior correspondent |
1:46.5 | covering M&A from London and she's the co-author of a piece of analysis dealing with this |
1:52.5 | very issue and she joins us now. Victoria so as we now know cargo tech and |
1:59.0 | cone cranes abandoned their merger after the CMA blocked it. |
2:04.1 | So maybe start by telling me something about that decision by the CMA. |
2:09.6 | Yes, so the CMA blocked Cargo Tech and Cone Cranes merger last week. |
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