Mergers & Acquisitions Mergers & Acquisitions

Illumina fined EUR432 million euros in EU for ‘gun jumping’ on Grail deal

US life-sciences giant Illumina has today received a record fine of 432 million euros (around $475 million) from the European Commission as a punishment for implementing its Grail acquisition without waiting for EU approval. Grail must pay a fine of 1,000 euros (see here).
The EU competition regulator concluded that

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Lewis Crofts


Lewis leads MLex's editorial strategy, content direction, quality and development. He has a reputation for breaking stories and providing analysis on complex legal disputes before regulators and courts around the globe. He has also developed MLex's unrivalled coverage of competition policy, litigation, regulation, Brexit and international investigations.

Natalie McNelis

Senior Correspondent

Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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