European Commission to appeal Tetra Laval/Sidel merger ruling

The European Commission will appeal against a ruling by the European Court of First Instance that overturned its veto of a takeover bid by Tetra Laval, the paper packaging firm, for Sidel, a French plastic bottling company.

The ruling was the third this year in which the Court of First Instance overturned a commission merger veto. It was a severe blow to the competition authority and increased pressure for radical reform of merger controls.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line