Introduction In October 2015, following a phase II investigation, the European Commission published its decision to approve a JV between three of the largest collective management organisations (CMOs) in Europe, PRSfM (UK), GEMA (Germany) and STIM (Sweden).1)M.6800-PRSfM/ STIM/ GEMA/ JV. As in other recent music industry mergers, the Commission investigated whether the combination of the…

On March 18, 2016 the new law increasing notification thresholds (former draft law 2168a) was officially published. The law is expected to become effective on May 18, 2016. The current financial thresholds test has been substituted by the two new alternative ones (either A or B): Current financial thresholds to be met cumulatively (1+2+3) Expected…

Following over 20 years of deliberations and finally the entry into force of the first cross-sector competition law in the Philippines last summer, the newly established Philippine Competition Commission (“Commission”) has published an interim arrangement to accept simplified merger notifications. Notifications are mandatory for transactions which satisfy the transaction value threshold during the interim period….

DG COMP has published a study by the University of East Anglia analysing the European Commission’s approach to geographic market definition in recent cases.  It has reviewed ten cases from 2008-2014 where geographic market definition was a key issue.  The study looked at the Commission’s geographic market analysis in terms of the methodology used and…

Timur Bondaryev and Lana Sinichkina, Arzinger   On January 26, 2016 Ukrainian Parliament adopted the law amending Ukrainian merger control rules. The law increased notification thresholds which have been effective for over 14 years after they were introduced in 2002. The current financial thresholds test is substituted by the two new alternative ones (either A or…

A seller that failed to provide requested information to the Belgian Competition Authority (‘BCA’) on time in a merger control investigation has been fined €50,000 for obstruction.  Beyond the particulars of the case the decision provides more general guidance on the different types of procedural infringements which can give rise to fines under the Belgian…

The European Commission boldly announced its 2013 merger simplification package with the headline “Commission cuts red tape for businesses.” Nearly two years on , further refinement of the Commission’s procedures is needed to reduce the information required to be included in notification Form CO, and so shorten the time needed to “start the clock” on…

We have recently celebrated the 25th anniversary of the EU Merger Regulation, which came into force on 21 September 1990. Since that date, we have seen an exponential growth in merger control notifications at the European level – at least up until the financial crisis that began in 2008. The good news is that, to…

On 30 September 2015, the Act on Control of Certain Investments (the “Act”) enters into force. The Act aims to create mechanisms to protect against hostile takeovers of companies operating in key sectors of Polish economy. According to the Act, prior to the acquisition of shares of strategic companies (including the acquisition of proprietary interests…