EU Regulators Hit Canon with €28 Million Fine for Toshiba Medical Unit Deal

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On June 27, the European Commission levied a €28 million ($31.8 million) fine on Canon for violating European Union merger regulations in connection with the company’s 2016 acquisition of Toshiba’s medical unit for approximately $6.1 billion (see “Canon Finalizes Acquisition of Toshiba Medical Systems”). Canon in a statement released the same day said it plans to appeal

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