The European Commission (the “Commission”) has announced that it will face delays in its merger review process as a result of the COVID-19 pandemic. In particular, the Commission has stated that it may not be able to collect information from third parties efficiently and may have limited access to databases and exchanges of information with other agencies. The Commission is therefore encouraging companies to delay originally planned merger notifications until further notice. The Commission has also relaxed its rules regarding the acceptance of electronic submissions.
Certain Member State competition authorities, notably the French Competition Authority, as well as the UK Competition and Markets Authority, have undertaken similar measures.