Thibault Schrepel on FTX-Binance Deal
Finews.asia – ICLE Academic Affiliate Thibault Schrepel was quoted by Finews.asia in a story about Binance’s proposed deal to take over failing rival FTX. You can read full piece (behind a subscriber firewall) here.
“Next time, check the compliance of your tweet with antitrust laws before you post,” said Thibault Schrepel, an associate professor at Amsterdam University, in a social media post. “At this stage, I wouldn’t be surprised to find this tweet in a forthcoming court document/antitrust litigation.”
While some may be quick to point out that FTX is based in the Bahamas, Schrepel noted that the relevant laws would remain applicable based on the location of operations.
“This is not relevant for the purpose of merger control: all that matters is where you operate, not where you are based,” Schrepel added.