BRUSSELS—The European Union blocked Illumina acquisition of Grail Inc., just days after the American life-sciences company won its case to do so in the U.S.

The $7.1 billion deal would have stifled innovation and reduced choice in an emerging market for early cancer-detection blood tests, the bloc’s antitrust regulator said.

This post first appeared on wsj.com

You May Also Like

Post Malone Buys the One-Of-A-Kind ‘One Ring’ Trading Card

What to Read Next This post first appeared on wsj.com

Why the April Inflation Report Reinforces the Fed’s Plans to Pause

Share Listen (1 min) This post first appeared on wsj.com

Yale University’s controversial Vinland Map is a fake, new study confirms

Yale University’s Vinland Map, which has stirred up its share of controversy…

Second Coronavirus Wave Destabilizes European Recovery

A waiter carried stacked chairs on a bar terrace ahead of the…