Reviewing the Merger Guidelines - adapting to new market realities?
Date: |
22 May 2025
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Time: |
19:00 - 20:30 (CET)
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Speaker(s): |
Daniele Calisti
Head of Unit (A2)
Mergers case support and policy
DG COMP
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Panelists: |
Terézia Kianičková
Case Handler Officer
DG COMP
Ana Pendes
Case Handler Officer
DG COMP
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Location: |
In-person / by webinar
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CPD: |
Accredited for 1.5 hours CPD (UK SRA)
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Registration: |
Closes at 12PM (CET) on 22 May
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Access: |
Joining details sent to participants @ 5pm (CET) on 22 May
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On 08 May DG COMP launched an "ambitious and comprehensive" consultation initiating a review of both the Horizontal and
non-Horizontal Merger Guidelines. This initiative aims to modernise the 2004 and
2008 Guidelines in view of the trends and market realities that are
transforming the European economy.
Ensuring that the Guidelines are fit for purpose
was underscored by Commission President Von der Leyen’s Mission
Letter to EVP Ribera that they should “…give adequate weight to the European
economy’s more acute needs in respect of resilience, efficiency and innovation,
the time horizons and investment intensity of competition in certain strategic
sectors, and the changed defence and security environment”.
Subsequently senior DG COMP officials have commented
that this exercise will explore specific themes that they have dealt with in
recent cases such as how to better assess the dynamic effects of a merger, possible
investment incentives and identifying objective criteria for assessing the
impact of mergers on innovation.
DG COMP has also published seven
focused papers covering topics that are key for the EU economy,
namely competitiveness and resilience, market power, innovation,
decarbonisation, digitalisation, efficiencies, defence and labour
considerations.
Join this first post launch in-person / webinar 'Chatham House rule' discussion including
Q&As with Daniele Calisti, Terézia Kianičková and Ana Pendes to gain the
earliest insights into the novel issues that may feed into the final Guidelines
slated for adoption in Q4 2027.
List of participants (updated 20 May)
Merger Guidelines review press release (incl. links to consultation documents) (08 May)
President Von der Leyen’s Mission Letter to EVP Teresa Ribera (19.09.24)
DG COMP's tender for a Study on dynamic merger effects
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