Merger notification

Gun jumping, Merger control, Merger notification, Merger Thresholds, Mergers, Portugal, Turnover allocation, Turnover thresholds

, (Morais Leitão)/ /Leave a comment

As in most jurisdictions, the Portuguese Competition Act (‘PCAct’) provides for an ex-ante merger control regime, according to which concentrations above certain thresholds are subject to mandatory pre-notification. Three alternative thresholds apply i) a turnover threshold, ii) a standard market share threshold and iii) a de minimis market share threshold (see Article 37 of the PCAct)….

Competition law, Concentrations, Merger control, Merger notification, Netherlands, Telecommunications, Uncategorized

(Bird & Bird, The Netherlands) and (Bird & Bird)/ /Leave a comment

Introduction On 19 May 2020, the Act against undesired control in the telecom sector (“Act“) was adopted by the Dutch Parliament. The Act introduces a notification requirement applicable to anyone who has the intention to acquire ‘a controlling interest’ in a ‘telecom party’ if such interest results in ‘relevant influence’ in the telecom sector. If…

Dominance, Merger control, Merger notification, Switzerland

, (Lenz & Staehelin)/ /Leave a comment

Under Swiss law, a proposed concentration triggers a mandatory pre-merger notification if one of the undertakings concerned was held dominant, irrespective of the statutory turnover thresholds. It was previously unclear whether this criterion had to be met at the time of signing or at the time of closing. The authority has now clarified this question….