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DG COMP’s merger simplification project - is less more?
| Date: |
01 June 2022
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| Time: |
12:00 - 13:30 (CET)
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| Speakers: |
Julia Brockhoff
Head of Mergers Case Support and Policy Unit (A2)
DG COMP
European Commission
Brussels
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| Location: |
Webinar
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| CPD: |
Accredited for 1.5 hours CPD (UK SRA)
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| Registration: |
Closes at 10AM (CET) on 1 June
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On 06 May, DG COMP launched a four week public consultation in the next phase of the EU merger
simplification project.
In March last year, DG COMP held
a first consultation on a further simplification of EUMR procedures.
DG COMP’s own evaluation of
the 2013 Simplification Package revealed that
there may be additional cases that are typically unproblematic which are
currently not captured by the simplified procedure and that information
requirements may be too extensive in certain circumstances.
That evaluation also found that the Notice on
Simplified Procedure may not be clear enough in identifying the special circumstances
in which cases that meet the requirements of simplified treatment may
nonetheless require a more detailed review.
While a wholesale review of the Merger
Regulation was never on the table, a potential revision of the Implementing
Regulation and the Notice on Simplified Procedure could involve:
·
Expanding and clarifying the scope of the simplified procedure by
updating the Notice;
·
Streamlining the review of simplified cases (and, to a lesser extent,
normal and referral cases) by amending the Implementing Regulation and its
Annexes containing the notification forms; and
·
Introducing
electronic notifications on a permanent basis.
As part of the consultation, Julia Brockhoff has very kindly
agreed to answer your questions and take your comments in the first Europe-wide 'Chatham House rule' discussion about the next stage of the merger simplification
project, covering all the options under consideration to reduce the burden on
companies in both simplified and non-simplified cases.
List of participants (updated 20 May)
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