The European Commission has announced in a press release that it is seeking public comment concerning its proposal to simplify certain procedures when parties are notifying the authority of a merger. According to the commission, the changes would allow up to 70 percent of notified mergers to qualify for review by the antitrust authority – about 10 percent more than current standing – as the Commission looks to “streamline” the necessary steps. Additionally, the proposals would offer a simpler, shorter form for certain categories of mergers that are unlikely to result in lessened competition.
Full Content: European Commission
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