The EU Court of Justice provides guidance on the merger notification obligation in EU regulation (EY / KPMG)

European Court of Justice Provides Guidance on Scope of the Standstill Obligation Enshrined in the EU Merger Regulation* Pursuant to the EU merger control rules, a transaction that falls within the purview of the EU Merger Regulation (EUMR) must be notified to the European Commission (Commission) in advance (Article 4(1) EUMR), and must not be implemented until cleared by the Commission, known as the “standstill” obligation (Article 7[1] EUMR). A principal rationale behind the standstill obligation is to prevent the potentially negative impact of transactions on the market, pending the outcome of the Commission’s investigation. While the standstill obligation represents a clear-cut rule, it can often be a significant

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Authors

  • McDermott Will & Emery (Brussels)
  • McDermott Will & Emery (Brussels)
  • McDermott Will & Emery (Brussels)

Quotation

Caroline Ruiz Palmer, Andrea L. Hamilton, David Henry, The EU Court of Justice provides guidance on the merger notification obligation in EU regulation (EY / KPMG), 31 May 2018, e-Competitions May 2018, Art. N° 88783

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