CASE COMMENTS : MERGERS - CONTROL – ARTICLE 22(3) – REFERRAL TO THE EUROPEAN COMMISSION

Merger control: The European Commission rejects a referral request made by the Portuguese, Spanish and French NCA pursuant to Article 22(3) of the Merger Control Regulation (London Stock Exchange)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Eur. com. dec. art. 22, § 3 R. 139/2004 of 4 July 2012, London Stock Exchange / LCH Clearnet, aff. COMP/M.6502 This is a concentration that did not have a Community dimension within the meaning of Regulation 139/2004. However, the acquisition of LCH Clearnet by the London Stock Exchange threatened, on the one hand, to affect trade between Member States and, on the other hand, to significantly affect competition in at least four Member States. This was expressly stated by three Member States, as Portugal, Spain and France asked the Commission to examine the acquisition of LCH Clearnet by the London Stock Exchange; this was also the view of the UK Office of

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Jean-Mathieu Cot, Alice Blanchet, Merger control: The European Commission rejects a referral request made by the Portuguese, Spanish and French NCA pursuant to Article 22(3) of the Merger Control Regulation (London Stock Exchange), May 2013, Concurrences N° 2-2013, Art. N° 52345, p. 109

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