The Dutch Trade and Industry Appeal Tribunal confirms that the Competition Authority was wrong to fine a seller for failing to notify a transaction in time

The Trade and Industry Appeal Tribunal (College van Beroep voor het bedrijfsleven, the highest administrative court in the Netherlands) has ruled that the Dutch Competition Authority’s (NMa) standard practice of imposing fines on both the purchaser and the seller where a concentration subject to the Dutch merger rules is not notified within the time limits, is wrong. As we previously reported in "Gun Jumping” decision annulled

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Auteur

  • Simmons & Simmons (Amsterdam)

Citation

Johan Polet, The Dutch Trade and Industry Appeal Tribunal confirms that the Competition Authority was wrong to fine a seller for failing to notify a transaction in time, 24 février 2012, e-Competitions February 2012, Art. N° 77282

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