Commission Imposes Its First Fine for the Partial Implementation of a Notified Transaction

Commission Imposes Its First Fine for the Partial Implementation of a Notified Transaction


By: Dr. Tobias Caspary, Penelope Hale

On 27 June 2019, the European Commission (“Commission”) announced that Canon, a Japan-based imaging and optical products manufacturer, has been fined €28M (US$33M) for “jumping the gun” in its acquisition of Toshiba's medical unit (“TMSC”) before securing EU antitrust clearance.

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