On 30 April 2026, the European Commission published its Draft Merger Guidelines, representing a major reform of the EU merger control framework.

The Draft Guidelines consolidate the 2004 Horizontal and 2008 Non-Horizontal Merger Guidelines into a single framework, introducing a broader, more dynamic approach to merger assessment. Key developments include recognition of scale-enhancing mergers as procompetitive, an “Innovation Shield” for small innovative companies, a structured “theory of benefit” for efficiencies, and expanded theories of harm covering innovation, labour markets, and foreclosure.

You can read the full article here: https://knowledgeportal.karatza-partners.gr/the-eus-draft-merger-guidelines-are-here-what-does-this-mean-for-businesses/

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