date:Jul 31, 2014
The European Commission has imposed a fine of 20 million on salmon farmer and processor Marine Harvest for acquiring its rival Morpol, both of Norway, without having received prior authorisation under the EU Merger Regulation. The Commission concluded that Marine Harvest should have been aware of its obligations to notify and await clearance from the Commission before proceeding with the acquisition.
Under the EU Merger Regulation, mergers and acquisitions with an EU dimension (in particular be