European Commission Reviewing Non-Notifiable Transactions?
Thursday, April 1, 2021 OVERVIEW On 26 March 2021, the European Commission (Commission) published new guidance on the application of the EU upward case referral system (Guidance), pursuant to which EU Member States can ask the Commission to review transactions. This announcement was made in the context of an ongoing review of the procedural and jurisdictional aspects of the EU merger control regime. The Guidance follows earlier statements made by the Commission’s Executive Vice-President and Commissioner for Competition, Margrethe Vestager, who had announced in September 2020 th...
Source: natlawreview.com