Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

The Competition Authority is in charge of the merger investigation.

There are two phases of investigation. The first phase begins after the notification of the merger. Within 25 working days, the Competition Authority will notify the parties to the concentration if it considers that there are grounds for further investigation of the competitive impact of the merger.

If the decision is to not app …

Proceedings before the Competition Authority

The Competition Authority must be notified of a merger before it takes effect but after the conclusion of an agreement on the proposed merger, the public announcement of a takeover bid or the acquisition of a controlling interest in an undertaking. The Competition Authority may, upon request, grant an exception from suspensory effect of notificationwhere it is established that delaying the implementation of the merger could harm the undertakings concerned or its business partners and threaten competition (Section 17(a)). A short form notification is available under certain conditions (Section 17(a)). 

Merger notification

The Competition Authority is in charge of the merger investigation.

There are two phases of investigation. The first phase begins after the notification of the merger. Within 25 working days, the Competition Authority will notify the parties to the concentration if it considers that there are grounds for further investigation of the competitive impact of the merger.

If the decision is to not approve the merger, it must be rendered no later than 90 working days after the notification of further investigation mentioned above. 

Pursuant to Section 17(d), if the parties requesting settlement negotiations with the Competition Authority set out possible conditions for the merger on the 55th working day of the investigation after the above-mentioned notification was sent, or later, the deadline for investigating the merger is automatically extended by 15 working days. If the merging parties so request, the Competition Authority is authorized to extend the above-mentioned deadline for merger investigation by up to 20 working days.

Global Competition Law

982. Proceedings before the Competition Authority

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Les notions juridiques connexes

982. Proceedings before the Competition Authority

Demandez un accès gratuit au contenu exclusif Livv – juristes d’entreprise

Les notions juridiques connexes

Demandez un accès gratuit
au contenu exclusif Livv – juristes d’entreprise