Jens Steger Discusses Why Hasty Mergers Could Be Extremely Expensive in Handelsblatt

Jens Steger was interviewed by leading German business and finance publication Handelsblatt on the latest developments in European merger control law. Jens explained the functioning of the European Merger Control Regulation with a special view to the so-called “stand-still obligation.” In one of its most recent decisions, the European Commission punished a company involved in a multimillion-euro merger with a €20 million fine for “jumping the gun” after the merging parties misinterpreted an exemption in the EC Merger Regulation for takeovers involving companies listed on an European stock exchange.