On July 3, 2024, the Commission conditionally approved Deutsche Lufthansa AG’s (“Lufthansa”) and the Italian Ministry of Economy and Finance’s (“MEF”) joint control of ITA Airways (“ITA”). [1] The approval is contingent upon full compliance with the commitments.
Charlotte Holderied
Clear for Takeoff: Commission Approves Korean Air/Asian Merger with a Slot Remedy Twist
On February 13, 2024, the European Commission approved the acquisition of Asiana Airlines by Korean Air Lines (“Korean Air”),[1] following an in-depth Phase II probe and extensive remedy discussions.
General Court Rejects ByteDance’s Application for Interim Measures
On February 9, 2024, the General Court[1] dismissed an application from ByteDance Ltd (“ByteDance”), the parent company of social media platform TikTok, to suspend the Commission decision[2] designating ByteDance as a “gatekeeper” under the Digital Markets Act (“DMA”).[3] ByteDance had argued that compliance with the restrictions on combining data between services (Article 5(2) DMA) and the obligation to provide the Commission with an “independently audited description” of TikTok’s profiling techniques (Article 15 DMA), would lead to serious and irreparable harm.[4] The General Court found that ByteDance had failed to establish such harm to the requisite standard. While the General Court order offers little insight into the substantive debate on the scope of the DMA, it showcases the hurdles gatekeepers have to overcome to seek interim relief from the DMA before the European Courts.