Cargotec/Konecranes: red card to mix-and-match remedies?

Cargotec/Konecranes: red card to mix-and-match remedies?

In a recent decision, the United Kingdom’s Competition and Markets Authority blocked the proposed merger between Cargotec Corporation and Konecranes plc after its Phase 2 investigation identified substantial competition concerns. The decision came just a few weeks after the same transaction had been approved subject to remedies by the European Commission.

In our article, we discuss

  • The divergence in outcomes in the first parallel in-depth merger reviews by the European Commission and the UK Competition and Markets Authority;

  • Considerations for mix-and-match divestments in this and future cases

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Paulo Rocha Abecasis

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