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Vertaisarvioitu

Retrospect: EC’s Merger Reformation of 2004 – The Value of Unofficial Prenotification Procedure in Successful Merger Management

Salonen, Antti

Helsinki Law Review 1/2007 s. 101–114
2.12.2007
Opiskelijakirjoitus

Tiivistelmä

This article examines in detail the European Commission’s main instrument in aiding the fluency of merger procedures, the Best Practices on the conduct of EC merger proceedings guideline, and portrays its positive effect on the regulatory transition phase of 2004, when the new EC Merger regulation 139/2004 came into force. The retrospective shows that the anticipated hazards of the transition phase never actualised. This paper seeks to answer how this scenario was avoided: What measures did the Directorate General for Competition take and as a result, what effect did this have on business communities’ freedoms and responsibilities. In addition, the Commission’s increased powers to issue fines are illustrated in the form its former decisions, where the concentrating parties neglected to comply with EC competition rules. (Edilex-toimitus)

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