On Wednesday 12 July, the European Commission announced that it had imposed a heavy fine in the amount of around €432 million on Illumina Inc. (United States) and €1,000 to GRAIL (United States) for “knowingly and deliberately” breaching the standstill obligation established by Article 7(1) of Regulation 139/2004 on the control of concentrations between undertakings by continuing with their merger without prior authorisation from the Commission and in the course of an in-depth...