MERGER CONTROL IN EUROPEAN UNION

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MERGER CONTROL IN EUROPEAN UNION

Journal Title: Scientific Work - Year 2023, Vol 17, Issue 4

Abstract

The European Union's merger control mechanism is intended to prevent acquisitions and mergers from undermining competition in the European Single Market. The European Commission must be notified of all mergers and acquisitions that fulfill specified criteria under the EU Merger Regulation (EUMR), which went into effect in 1990. A minimum amount of revenue must be generated within the EU in order to meet the requirements, and at least two of the firms participating in the merger or acquisition must have activities in more than one EU member state. It is generally agreed upon that the Commission's implementation of the EU Merger Regulation was successful. The EC Merger Regulation is an increasingly sophisticated legal weapon, even if there will unavoidably be legal and practical advancements, such as improvements in forensic tools and economic modeling, that influence its future implementation. The analytical framework that will be used in any given case, the economic and other evidence that will probably be considered probative, the length of the Commission's review, and the likely result can all be predicted with a reasonable degree of certainty by counsel, which is at least as significant. The article discusses Commission's implementation of the EU Merger Regulation, Merger Control and the scope of application of the Merger Regulation in the European Union.

Authors and Affiliations

Aziza Abdullayeva

Keywords

Keywords: merger control commission EU Merger Regulation legislation international cooperation European Union internal market

EP ID EP754827
DOI 10.36719/2663-4619/89/101-105
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