The European Commission decided on Monday 20 September to send a Statement of Objections to Illumina and GRAIL, informing them of the interim measures it intends to adopt because of the companies’ alleged breach of the standstill obligation under the EU Merger Regulation.
On 18 August 2021, Illumina publicly announced that it had completed the acquisition of GRAIL, while the Commission’s review of the proposed transaction is still ongoing (see EUROPE B12774A20).
In the Statement of...