The European Commission is seeking comments and
suggestions for further improvements in the functioning of the EC
Merger Control Regulation. It is specifically asking companies
whether the turnover thresholds (determining whether a merger
transaction comes under national jurisdiction or is sent to
Brussels) are set at the right level.
On the basis of your experience, do you consider
these turnover thresholds are appropriate to determine that a
merger transaction has a Community dimension?
Has multiple filing, i.e. the notification of a
transaction in more than two Member States, created any major
problems for you and, if so, for which transactions?
As you know, if 2/3 of the parties' EC turnover is
achieved in one and the same Member State, the merger will not be
dealt with in Brussels. Are you satisfied that this level reflects
operations with a national character?
The Commission is especially keen to receive
feedback from companies and has indicated that it will respect
confidentiality requests relating to any information submitted in
responses. If you would like us to include your comments in our
submission to the European Commission - which must be filed on 15th
January 2000 - please send us your responses to the above questions
by 13th January 2000, by phone, fax or E-mail.
Please contact Dick Taylor or Sue Hankey for
further information on the questionnaire or on merger controls. Tel
0171 367 3000, Fax 0171 367 2000, E-mail