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The EUMR requires compulsory and exclusive (one-stop shop) prior notification to the European Commission of mergers, acquisitions and certain joint ventures that involve a change of control and meet certain turnover thresholds.
What is Article 4 of the EU merger regulation?
By contrast, article 4(5) of the EUMR allows the merging parties to request the commission to review transactions that trigger the national thresholds in, at least, three member states. Article 22 also allows for referrals to the commission, although this time the request should come from an NCA.
What was the first merger regulation in the EU?
Introduction. Thirty years ago, on 21 September 1990, the first Merger Regulation in the European Union (EU) came into force. Since then, more than 6.000 decisions on merger proposals have been made by the European Commission (EC).
What is regulation 139/2004?
Under Council (EC) Regulation 139/2004, a merger or concentration. which would docHubly impede effective competition, in the common market or in a substantial part of it, in particular as a result of the creation or strengthening of a dominant position, shall be declared incompatible with the common market.
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Mar 4, 2022 The fines for non-compliance with the antitrust regulations would have been double digits of a years revenue of the whole new company if they
by M Martins The Council Regulation (EC) No 139/2004,the EU Merger Regulation (EUMR), is the legal basis for merger control in the European Union. The EUMR sets a number of
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