The German Parliament introduces a new threshold for premerger notification

Germany has introduced a new threshold for premerger notifications to its merger control system, effective tomorrow, 25 March 2009. This amendment to the German Act Against Restraints Of Competition (ARC) is expected to reduce the number of merger control filings in Germany dramatically. In particular, the amendment will provide (limited) relief for the parties to offshore transactions, although enforcement risks remain for transactions to which the ARC still applies. I. Filing criteria currently in force German merger control is mandatory. If a transaction meets the ARC filing criteria, the parties must delay closing their transaction until the FCO has cleared it. In the past, a merger control filing was required already if (i) one party generated

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Thomas Jestaedt, Johannes Zöttl, Carsten Gromotke, The German Parliament introduces a new threshold for premerger notification, 13 février 2009, e-Competitions February 2009, Art. N° 33791

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