On 24 January 2020, the German Federal Ministry for Economic Affairs and Energy published an update of its draft 10th amendment to the Act against Restraints of Competition (the “ARC”), officially called the “ARC Digitization Act”. Compared to the initial draft (see VBB on Competition Law, Volume 2019, No. 11), the update introduces a new provision that empowers the Federal Cartel Office (the “FCO”) to require companies to notify all future concentrations that relate to one or more specific economic sectors if they meet thresholds well below those that are currently applicable. Specifically, pursuant to the new Section 39a
The German Federal Ministry for Economic Affairs and Energy issues an update on the reform of national competition law
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