Simplifying EU merger control procedures for simple cases

December 17, 2013

In an effort to cut red tape for business, the European Commission adopted on 5 December 2013 a legislative package that aims at simplifying the procedure for notifying mergers and acquisitions under the EU Merger Regulation. The most important element of this package is the broadening scope of non-problematic transactions that qualify for the simplified procedure. Under the simplified procedure, companies need to provide much less detailed information in their merger filing than under the ordinary procedure while the Commission can clear the transaction without conducting a market investigation on the competitive effects of the notified transaction. The European Commission expects that 60-70% of notified transactions will be treated under the new simplified procedure, i.e., 10% more than under the current system. The new legislative package will enter into force on 1 January 2014.

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