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With our blog post of December 14, 2020, we had already pointed out the corresponding legislative initiative. In record time, two new provisions on commercial leases (excluding...
KEY TAKEAWAYS German merger control will see some major changes in 2021. Today, the German parliament adopted the draft 10 th Amendment to the German Act Against Restraints of Competition ( ARC). The new amendment to the ARC will come into force within the next few weeks and bring some significant changes: Less control for small-scale M&A: The domestic filing thresholds will rise. As a result, fewer M&A deals will require an approval by the Federal Cartel Office ( FCO) than it is the case today. More control for critical deals: The examination period for in-depth merger reviews will expand f...
To embed, copy and paste the code into your website or blog: It took longer than expected, although not primarily because of the COVID-19 pandemic. More than two years after the EU Commission submitted its first proposal, the Directive on representative actions was adopted by the European Parliament on November 24, 2020. Even if not everything will change overnight, one thing seems quite clear: the "Directive on representative actions for the protection of the collective interests of consumers, and repealing Directive 2009/22/EC" (hereinafter referred to as the "Directive"), will have a last...