Illumina hit by EU with maximum fine for Grail acquisition

Illumina hit by EU with maximum fine for Grail acquisition

Source: 
BioPharma Dive
snippet: 

The European Commission on Wednesday fined gene sequencing pioneer Illumina about €432 million, or $480 million, the maximum penalty it could impose, for closing the 2021 acquisition of cancer test developer Grail without first gaining the commission’s approval.