Merger Control In The United Kingdom And European Union
Merger Control in the United Kingdom and European Union clearly and concisely sets out the rules and procedures governing mergers at both national and European Union (EU) levels.\ This how-to guide assists practitioners involved in mergers by identifying:\ \ whether a transaction will come under the UK or the EU system\ who needs to be notified\ when and how notifications need to be filed under the UK or the EU system\ the various stages of the process\ \ Because in this area policy—rather...
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Merger Control in the United Kingdom and European Union clearly and concisely sets out the rules and procedures governing mergers at both national and European Union (EU) levels. This how-to guide assists practitioners involved in mergers by identifying:• whether a transaction will come under the UK or the EU system • who needs to be notified • when and how notifications need to be filed under the UK or the EU system • the various stages of the process Because in this area policy—rather than merely legal rules—plays a central role, Merger Control in the United Kingdom and European Union also identifies the various strands and developments of merger policy in Whitehall and in Brussels. The book has been fully updated to take account of the new legislative and interpretative measures introduced by the European Commission in December 1994 on the application of the EC Merger Regulation, as well as the UK statutory instruments enacted in March 1996 to amend merger control and competition rules, and recent developments involving mergers in the privatised utilities. Also included in this single volume are the texts of the relevant UK and EU legislation. This guide will interest all businesses involved in or contemplating transactions which could come under the rules, as well as lawyers, bankers, accountants and other professional advisers, and policymakers and observers of this developing area of law and policy.
PrefacePt. IUK Merger ControlIntroduction1Summary of the UK System2Mergers Subject to UK National Control4The Institutions14UK Merger Policy16Procedure - Merger Reference or Clearance34Procedure - MMC Inquiry49Procedure - Action following MMC Report54Penalties for False or Misleading Information55Special Sectors56Other Relevant UK Laws60Articles 85 and 86 of the EC Treaty66US Anti-Trust Rules66Pt. IIEC Merger ControlIntroduction71Background to the Adoption of the Merger Regulation72Article 8573Article 8676EEA78Merger Regulation79App. AUK Legislation139App. BEC Legislation172App. CInterpretative Notices230Index285
