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The European clash over regulating killer acquisitions; the White House takes on corruption
17 December 2021 00:00
Killer acquisitions are back on the agenda — and it’s disrupting the European Union’s review of an acquisition by Meta, the parent company of Facebook. Germany’s competition regulator has decided to do its own review of this deal, creating a rift with the European Commission, which was well advanced in its own analysis. Why the differences? It’s all about how best to catch killer acquisitions — that is, when an established tech company acquires a fledgling startup to neutralize a future competitor. Also on the podcast: the United States Strategy on Countering Corruption. The latest offering from the Biden Administration is laying out some nuts-and-bolts initiatives to fight corruption. But how new are these initiatives?
Meta’s Kustomer deal puts EU antitrust’s 'one-stop shop' principle under strain
Administration plan to fight corruption rests on staid principles, adds new initiatives