EU antitrust regulators will rule by November 27 whether to clear US battery maker Energizer’s $2 billion bid for Spectrum’s battery and portable lighting business.
The company, which makes Energizer and Eveready batteries, sought approval from the European Commission on October 19, a filing on the EU competition regulator’s website showed on Monday, October 22.
The Commission can approve the deal with or without demanding concessions or it can kick off a four-month long investigation if it has serious concerns.
Spectrum’s brands include Varta consumer batteries and Rayovac hearing aid batteries. Regulatory authorities in the US and Australia have approved the deal without conditions.
Full Content: Reuters
Featured News
FTC Throws the Bag: Tapestry’s Capri Deal Blocked Over Market Monopoly Concerns
Apr 22, 2024 by
CPI
Italy’s Antitrust Authority Investigates Enel’s Communication of Energy Price Hikes
Apr 22, 2024 by
CPI
UK Data Regulator Uncovers Flaws in Google’s Privacy Sandbox Proposal
Apr 22, 2024 by
CPI
Japan’s Antitrust Body Orders Google to Amend Ad Search Practices
Apr 22, 2024 by
CPI
Senator Blackburn Blasts Ticketmaster Amid DOJ Probe
Apr 22, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI