The EU Commission launches a major merger control reform

EU Commission Launches Major Merger Control Reform* On March 26, the EU Commission announced a major reform of EU Merger Regulation (EUMR) procedures, arguably the most significant since the 2004 adoption of the current EUMR. The current EUMR expanded EU jurisdiction by broadening the EUMR standard of review and allowing parties to request that transactions notifiable in three or more Member States be referred to the Commission instead. The new reforms arguably expand the Commission’s jurisdiction much more dramatically. Under the most significant change – which is already in effect — Member States will be encouraged to refer transactions not meeting the EUMR thresholds to the Commission with or without the parties’ consent, even if the referring Member States themselves have no

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  • Norton Rose Fulbright (Brussels)

Quotation

Jay Modrall, The EU Commission launches a major merger control reform, 26 March 2021, e-Competitions March 2021, Art. N° 99992

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