Martijn van de Hel and Cyriel Ruers wrote a blog for M&A Community about the ACM's investigation into the recent acquisition of Ziemann by cash carrier Brink's. The ACM is investigating whether this violates the cartel ban or the prohibition on abuse of a dominant position. The question is whether the ACM has the authority to do so. In any case, this move creates uncertainty and the ACM should quickly clarify when M&A transactions may violate competition rules.
More information about the ACM's investigation can be found in this blog.
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