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BioWorld - Friday, May 22, 2026
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Home » EC fines Illumina €432M for closing Grail deal without its approval
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EC fines Illumina €432M for closing Grail deal without its approval

July 12, 2023
By Shani Alexander
The European Commission (EC) fined Illumina Inc. a record €432 million (US$476 million) for closing the acquisition of Grail Inc. before receiving regulatory approval. It is the highest fine ever imposed on a company by the EC for completing a deal without its consent. Grail was fined €1,000. The companies were found to be in breach of EU merger control rules.
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