EU Drafts New Merger Rules to Shield Startups but Excludes Big Tech
Key Points: The European Union plans to overhaul its merger rules for the first time in more than two decades. A new proposed 'innovation shield' will allow startups to secure antitrust approval for beneficial deals quickly. The shield completely excludes massive Big Tech companies and dominant market players from using the fast-track process. The draft rules also allow companies to argue for mergers on the...