The European Commission, which acts as the competition enforcer in the 27-country bloc, said it stopped the clock on Sept. 8, with effect from Aug. 29.
Elevate Your Tech Process with High-Value Skill Courses
Offering College | Course | Website |
---|---|---|
IIM Lucknow | IIML Executive Programme in Data Science | Visit |
Indian School of Business | ISB Digital Transformation | Visit |
Indian School of Business | ISB Product Management | Visit |
Northwestern University | Kellogg Post Graduate Certificate in Digital Marketing | Visit |
“This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them.”
“Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission’s decision is then adjusted accordingly.”
The EU competition watchdog’s previous deadline for its decision on the deal was Dec. 13. It has warned Amazon that the deal may reduce competition in robot vacuum cleaners and also reinforce the U.S. company’s dominant position as an online marketplace provider.