Mergers & Acquisitions Mergers & Acquisitions

E. Leclerc deal sunk in first merger veto wielded by France's competition agency

By Nicholas Hirst
  • 28 Aug 2020 08:07
  • 28 Aug 2020 08:07
E. Leclerc's bid to take over a hypermarket run by Géant Casino was blocked today, marking the first time that France's competition authority has formally prohibited a merger.
The agency said it "wanted to preserve competition to the benefit of the hypermarkets' customers and avoid price increases," Autorité de la Concurrence head

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Nicholas Hirst

Chief Correspondent

Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.

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