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: