Basak Arslan

The European Commission (EC) has published a draft of its long-awaited revision of the Merger Guidelines (Draft Guidelines), combining the 2004 Horizontal Merger Guidelines and 2008 Non-Horizontal Merger Guidelines into a single document that is organized around different theories of harm and endeavors to achieve five principal objectives: (1) to take account of the Draghi Report’s call for more dynamic, forward-looking merger control; (2) to acknowledge the benefits of scale, resilience, innovation, and global competitiveness; (3) to reflect the evolution in EC practice over the past 20 years; (4) to tighten the rules for acquisitions by dominant companies; and (5) to signal a greater readiness to take positive account of efficiencies and other benefits. 

On May 5, 2026, the European Commission (the Commission) published its 2025 Report on Competition Policy (the Report). The Report highlights initiatives undertaken during Commissioner Ribera’s first year in office and provides an indication of the direction of enforcement in the coming years. Six takeaways may be identified:

DG COMP has a new Director-General – Anthony Whelan, a long-serving European Commission official who has been at the heart of EU regulation and competition law for over 30 years. Currently DG COMP’s Deputy Director-General for State aid, he has held a wide range of roles over his career: he has worked in the Commission Legal Service, headed the cabinet of former Competition Commissioner Neelie Kroes, was a Director in DG CONNECT, and advised Commission President Ursula von der Leyen on digital policy.

As part of our response to the European Commission’s consultation on possible reforms to its merger guidelines,[1] we provided our views on Topic Paper B – Assessing Market Power.

On September 22, 2023, the European Commission (“the Commission”) re-adopted parts of its 2009 Intel decision[1] and imposed a fine of €376 million on Intel for abusing its dominance in x86 central processing units (“CPUs”) through naked restrictions.[2]  The re-adopted decision follows the General Court’s 2022 renvoi judgment, which overturned the €1.06 billion fine that the Commission had originally imposed on Intel in 2009.[3]  It marks the latest—but certainly not the last—development in a saga spanning over 20 years.

On August 17, 2023, the European Commission (EC) decided to review Qualcomm’s acquisition of the Israeli-based semiconductor company Autotalks, even though the deal was not reportable at EU or Member State level.  Just one day later, on August 18, 2023, the EC also accepted jurisdiction over another non-reportable deal – European Energy Exchange’s (EEX) acquisition of Nasdaq’s European power trading and clearing business (Nasdaq Power).