Schneider-Legrand merger: was Bruxelles "Wrong or Right"to block the merger?

Abstract

This document will answer the following questions: Why did the European Commission decide to block the French merger? What was the opinion of Henri Lachmann (the CEO of Schneider Electric) about the veto? Is it usual to meet with this kind of refusal in Europe? What are the arguments against Mario Monti's position on merge and acquisition? And how to restore the Merger Task Force's credibility after the judgment of the European Court of First Instance?