The Italian government’s decision to scrutinize UniCredit’s proposed €10.5 billion acquisition of Banco BPM has ignited a broad debate on the application of foreign investment screening rules. This merger, involving two of Italy’s largest banks, raises critical questions about balancing national interests and market competition.

Filippo Mazza shares his insights in Global Competition Review, analyzing the legal basis of this scrutiny and its broader implications for government intervention.

How far can the Italian government go in safeguarding national interests in the banking sector?

To learn more, read the full article, available to subscribers, here.