"First come, first served": The different assessment of parallel mergers in the EU and the US
Europäisches Zeitschrift für Wirtschaftsrecht (EuZW)
“First come, first served” is not only crucial in the context of leniency applications. In the EU, it is also the basis for merger control assessments of parallel transactions affecting the same product market. The article analyzes the implications of this approach and compares it with the situation in the US.