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Europe Daily Bulletin No. 12284

28 June 2019
Contents Publication in full By article 21 / 33
ECONOMY - FINANCE / Competition
€28 million fine against Canon for having implemented acquisition of Toshiba Medical Systems before authorisation
Brussels, 27/06/2019 (Agence Europe)

On Thursday 27 June, the European Commission imposed a €28 million fine on Canon for completing its acquisition of Toshiba Medical Systems Corporation (TMSC) before it was notified to and authorised by the institution.

In August 2016, Canon notified the Commission of its intention to acquire TMSC, which was authorised the following month. To complete this transaction, Canon went through a “warehousing” two-step transaction structure, including the involvement of an interim buyer.

Contents

EXTERNAL ACTION
SECURITY - DEFENCE
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
NEWS BRIEFS