Executive summary, by the Secretariat * Considering the discussion at the roundtable, the Note by the Secretariat as well as the delegates’ written submissions, several key points emerge: (1) Competition authorities follow different approaches to the review of consummated and non- notifiable mergers, as jurisdictions have different powers in this area. The most important distinction arises from the fact that some jurisdictions have voluntary notification systems for mergers whereas others have mandatory notification systems. In a voluntary system, the authority’s jurisdiction over a completed merger that was not notified is an intrinsic part of the merger system. That is often not the case in countries with mandatory notification systems. In most of those jurisdictions, the authority
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