The Canon/Toshiba case: A shot across the bow on warehousing
On 6 July 2017, the European Commission issued a Statement of Objections against Canon, alleging a “gun-jumping” infringement of the EU Merger Regulation. The alleged infringement stemmed from the two-step “warehousing” deal structure used in Canon’s acquisition of Toshiba Medical Systems Corporation.
The European Commission’s preliminary findings against Canon form part of an unprecedented surge in enforcement activity directed at alleged violations procedural merger control rules.
Read our full report on The Canon/Toshiba case.