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

Within 25 working days of receipt of notification, the Commission is required to issue a decision that: 
- finds that the concentration does not come within the scope of Article 24 of the LPC, 
- authorizes the concentration pursuant to Article 26(1) of the LPC, or
- authorizes the concentration, taking into account the changes, proposed by the participants in the concentration; 
- launches an in- …

Proceedings before the Commission for the Protection of Competition

Concentrations that meet the threshold for notification must be notified to the Commission for the Protection of Competition prior to being implemented (Article 24 of the LPC). The contents of the required notification are set out at Article 79 of the LPC and Decision No 1384/19.12.2019 of the Commission, which contains a new notification form. The purpose of the decision is to differentiate the burden of filing according to whether or not the transaction raises serious competition concerns, and, where such is the case, to provide the Commission with more detailed information as regards exercise of control; calculation of turnover of the undertakings concerned; affected markets by the concentration, etc. The decision also allows the notifying parties to submit remedies at the early stage of the notification, and not only at phase II, as was originally the case.

The filing fee is set at BGN 2,000 (EUR 1,000).

Merger notification

Within 25 working days of receipt of notification, the Commission is required to issue a decision that: 

- finds that the concentration does not come within the scope of Article 24 of the LPC, 

- authorizes the concentration pursuant to Article 26(1) of the LPC, or

- authorizes the concentration, taking into account the changes, proposed by the participants in the concentration; 

- launches an in-depth investigation as set out in Article 83 of the LPC.

In its review, the Commission takes into consideration the following elements:

- the market position of the parties in the relevant market before and after the concentration;

- their access to supplies of and markets for respective goods and services, and 

- legal or other barriers to market entry.

If serious doubts exist regarding the effect of a concentration on competition, the Commission will open an in-depth investigation. The investigation must be completed within 90 business days, and completion of the proposed concentration is suspended until the Commission issues a decision under Article 89 of the LPC authorizing or prohibiting the concentration.

Global Competition Law

82. Proceedings before the Commission for the Protection of Competition

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Les notions juridiques connexes

82. Proceedings before the Commission for the Protection of Competition

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