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That's not how it works. Companies with global presence (like these 2) need to have regulatory permission in every jurisdiction where they operate. If a jurisdiction forbids the merger then they would no longer be able to operate there.

Consequently any regulator in charge of a sufficiently important market has de-facto veto power globally.




And if anything I don't expect EU regulators to be more lenient than the British ones.


Have the Commission approved this takeover, or have they just not made a decision yet?

Because it could just be a matter of the CMA being the first to say no...




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