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

Section 16.4 of the Act provides that the Competition Authority has 30 days to decide whether or not to conduct an investigation into a proposed merger pursuant to the provisions of Section 14. Where it receives notification of a concentration that does not require investigation, the Authority shall inform the Prime Minister and the Minister for Trade and Industry of its conclusions on the matter  …

Proceedings before the Competition Authority

Section 16 of the Act provides that concentrations must be notified to the Authority if the aggregate of the turnover in Italy of all of the undertakings concerned exceeds the established thresholds (see above). The pre-merger notification form specifies instances in which undertakings are not obliged to submit notification. This includes: transitional acquisitions of shares in firms by banks or financial institutions, cooperative joint ventures and intra-group mergers. There is no requirement to notify mergers involving parties that do not carry out an economic activity or mergers that do not affect domestic markets. As of 1 January 2013, the filing fee for merger notifications is eliminated. Companies will have to pay an annual fee regardless of any notification or pending case before the authority.

Merger notification

Section 16.4 of the Act provides that the Competition Authority has 30 days to decide whether or not to conduct an investigation into a proposed merger pursuant to the provisions of Section 14. Where it receives notification of a concentration that does not require investigation, the Authority shall inform the Prime Minister and the Minister for Trade and Industry of its conclusions on the matter within thirty days.

During its investigation, the Authority may order the undertakings concerned not to implement the concentration pending its decision. Otherwise, there is no suspension requirement and therefore no sanction for implementing an operation before its clearance. Second-phase proceedings must be concluded within 45 days unless insufficient information is provided by the parties.

Global Competition Law

440. Proceedings before the Competition Authority

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Les notions juridiques connexes

440. 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