PRACTICE: EUROPEAN COMMISSION - CONSULTATION - WHITE PAPER - MODERNIZATION - MERGERS
Comments on the Commission’s consultation related to the White Paper on the modernization of the EU merger law
On 9 July 2014, the European Commission published its White Paper - Towards More Effective EU Merger control and invited third parties to submit comments. This White Paper mainly focuses on the control of non-controling minority shareholdgins which the Commission intends to control through a so-called targeted transparency system. The White Paper also proposes other improvements of the EU merger control in particular in the field of referrals. Concurrences publishes the comments made on 3 October 2014 to the Commission by the French Competition Law Society (AFEC) in relation to this future reform.
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I. INTRODUCTION
1. The Association française d'étude de la concurrence ("AFEC") is an independent association, created in 1952, which brings together magistrates, lawyers, company lawyers, professors of law and economics and employees or members of the Competition Authority and the DGCCRF.
2. Its purpose is to pool the efforts of its members with a view to advocating and defending, in the exercise of economic, commercial, industrial and craft activities, the principle of freedom of national and international competition at all levels, within the framework of the laws in force; to combat by all appropriate means at the national and international levels
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