Publisher's Synopsis
This well-known and highly respected text provides a complete guide to the regulation of mergers by the EU competition authorities. This fourth edition has been extensively revised to cover in-depth the new EC Merger Regulations (in force on 1st May 2004), which have transformed the EC merger regime. It examines the obligations large firms/businesses now face, provides detailed discussion of the separate issues, and sets out a series of practical suggestions for working legally under the new regime. It examines the new EC Merger Regulation in detail. It explains the new test of compatibility based on the concept of "significantly impeding competition". It deals with the Commission's strengthened powers to investigate and impose fines. It sets out strategies for working effectively in this new environment. It analyses the Horizontal Merger Guidelines and other recent Commission notices. It includes the text of relevant legislation (including the Merger Regulations). It features a table of EU merger decisions. It considers developments in US and Commonwealth competition regimes, putting the EU changes into global context.;It is a timely publication - new edition of an established work at a time when guidance is needed most.