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Expect innovation to feature ‘more and more’ in EU vertical merger reviews, Régibeau says

Dealmakers and their advisers should expect competition authorities in the EU to rely “more and more” on the “innovation theory of harm” in vertical merger cases, the European Commission’s top economist Pierre Régibeau said today. 

Speaking at a conference*, Régibeau recalled that innovation has long been a preoccupation of regulators in the EU,

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