Denmark: M&A/Private Equity

The Danish Competition Council has conditionally approved Uber's acquisition of Dantaxi, Denmark's largest taxi operator, marking the country's first mandatory notification of a below-threshold transaction. The decision requires Uber to divest substantial parts of Dantaxi's business to address concerns about market tipping and reduced competition in Greater Copenhagen's taxi services market.

The Danish Government has presented a draft Bill proposing changes to the Danish Competition Act, which is now out for consultation. If passed, the Bill will have a significant impact...