Mergers & Acquisitions Mergers & Acquisitions

UPS shouldn’t get damages for faulty TNT merger veto, EU court says

By Andrew Boyce
  • 23 Feb 2022 04:59
  • 23 Feb 2022 04:59
United Parcel Service shouldn't be awarded damages after the European Commission unfairly blocked its acquisition of TNT Express, EU judges ruled today.

In a judgment (see here), the General Court said it had dismissed UPS's action for damages because the company failed to show that an infringement of its procedural rights

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