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The Danish Competition Authority suspends its time limits for merger review for 14 days as special measure due to COVID-19

Time limits for merger control are suspended for 14 days*

The Minister of Industry, Business and Financial Affairs has issued an order implying that the time limits for merger control are suspended for 14 days.

When companies wish to implement a larger 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 process a merger are extraordinarily suspended for 14 days. Specifically this concerns the time limits in section 12 d (1-5) in the Danish Competition Act. After the 14 days have passed, it will be assessed whether the time limits must be suspended further.

The suspension on the time limits enters into force from today, Wednesday, March 18.

The Competition and Consumer Agency encourages companies wishing to merge to contact the Agency well in advance. In addition, the Agency will of course work to ensure that the normal deadlines are met as far as possible.

*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 suspends its time limits for merger review for 14 days as special measure due to COVID-19, 18 March 2020, e-Competitions Preview, Art. N° 93777

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