CASE COMMENT : MERGERS - NOTIFICATION THRESHOLDS - FRANCE

Merger notification : The Ordinance N° 2004-274 dated 25 March 2004 modifies the French notification thresholds

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Article 25 of Order 2004-274 of 25 March 2004(1) provides that "In the third paragraph of Article L. 420-2 of the French Commercial Code, the words "15 million euros" are replaced by the words "50 million euros". This order modifies the national threshold for the control of a concentration. Article L. 430-2 of the French Commercial Code now provides that national merger control applies to transactions carried out by companies with a combined worldwide turnover of more than €150 million and a turnover of individually (2) a turnover of more than 50 million Euros. The reform of the thresholds, which is essentially intended to reduce the administrative burden

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Dominique Ferré, Karine Biancone, Merger notification : The Ordinance N° 2004-274 dated 25 March 2004 modifies the French notification thresholds, 25 March 2004, Concurrences N° 1-2004, Art. N° 26845, www.concurrences.com

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