The Danish Competition Authority extends the suspension of merger review time limits during the COVID-19 crisis

Suspension of time limits for merger review is extended*

The Minister of Industry, Business and Financial Affairs has issued an order, which extends the suspension of merger review time limits until May 10.

When companies wish to implement a merger, the Competition and Consumer Agency must review that the merger will not significantly impede competition to the detriment of competitors and consumers. The agency has a statutory period to approve or prohibit the merger.

As a result of the measures that have been necessary to prevent and curb the spread of covid-19, the time limits for the Danish Competition and Consumer Agency to review a merger has been extraordinarily suspended since March 18 and the suspension is now extended until May 10.

The Competition and Consumer Agency continues to try to comply with the ordinary time limits for merger review. Since March 18, four mergers have been approved within the ordinary time limits, while no mergers have exceeded them.

*This is the original title of the press release. The title above has been amended in order to match the e-Competitions format. Individual authors are welcome to provide original independent commentaries on the case law. Articles are subject to approval by the Board of e-Competitions Bulletin before publication based on the Editorial Policy (click here).

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Danish Competition Authority, The Danish Competition Authority extends the suspension of merger review time limits during the COVID-19 crisis, 16 April 2020, e-Competitions April 2020, Art. N° 94408

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