The Los Angeles Post
U.S. World Business Lifestyle
Today: March 14, 2025
Today: March 14, 2025

EU court should back Illumina's appeal against EU review of Grail deal, court adviser says

Illumina office building in San Diego
April 26, 2024
Reuters - Reuters

BRUSSELS (Reuters) - Europe's top court should back U.S. gene sequencing company Illumina's appeal against the EU antitrust regulators' review of its $7.1 billion bid for cancer test maker Grail, an adviser to the court said on Thursday.

A lower tribunal in 2022 had sided with the European Commission, prompting Illumina to take its case to the Luxembourg-based Court of Justice of the European Union (CJEU).

CJEU Advocate General Nicholas Emiliou said judges should set aside the General Court judgment and annul Commission decisions on referral request.

Judges usually follow such non-binding opinions in the majority of cases.

The case is C-625/22 P - Grail v Commission and Illumina.

(Reporting by Foo Yun Chee; Editing by Sudip Kar-Gupta)

Related Articles

Illumina, already facing pressure from Icahn, saw other activists at year end Illumina forecasts flat 2024 sales as sluggish demand drags on Icahn aims to remove Illumina's legacy directors - letter Illumina to divest cancer test maker Grail after antitrust battles
Share This

Popular

Business|Economy|Europe|Political|World

Ukraine's Zelenskiy says Turkey is a partner in security guarantees

Ukraine's Zelenskiy says Turkey is a partner in security guarantees
Asia|Business|Political|US|World

U.S. to install senior diplomat as chargé to oversee China embassy: State Dept

U.S. to install senior diplomat as chargé to oversee China embassy: State Dept
Asia|Business|Economy|Technology

World's top electronics maker Foxconn Q4 profit drops 13%

World's top electronics maker Foxconn Q4 profit drops 13%
Asia|Business|Finance|Stock Markets

Hong Kong's AIA misses VONB estimates, unveils $1.6 billion buyback

Hong Kong's AIA misses VONB estimates, unveils $1.6 billion buyback

Economy

Business|Economy|Finance|US

BMW says U.S. tariffs to dent autos earning margin by one percentage point

BMW says U.S. tariffs to dent autos earning margin by one percentage point
Economy|MidEast|Political|US|World

Iran's rulers caught between Trump's crackdown and a fragile economy

Iran's rulers caught between Trump's crackdown and a fragile economy
Business|Economy|Europe|Political|World

Trump's trade war is 'wake-up call' for Europe, Lagarde says

Trump's trade war is 'wake-up call' for Europe, Lagarde says
Asia|Business|Economy|Finance|Stock Markets

Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending

Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending

Access this article for free.

Already have an account? Sign In