The objective of merger control is to enable the competition authorities to administer changes in market structure by deciding whether two or more commercial companies may merge, combine, or join their businesses. Mergers may create a noticeable change in the market and raise serious competition concerns. They can result in the obtaining or strengthening of a position of market power and thus in an increase in the market price of the products or services concerned.
The duty of competition authorities is to identify and prevent those mergers that have such an adverse consequence upon competition or society that any benefits resulting from them are outweighed or should be ignored. Thus, although mergers have important advantages, the key to effective merger control is to identify why and when a merger should be prohibited.
Our Firm renders its legal services towards:
- Notifying mergers, acquisitions and takeovers to the competent authorities;
- Advising as to the best strategy for carrying out a concentration;
- Handling the full process of notifying, responding to authorities, dealing with requests and securing clearance of a concentration.
Contact us at firstname.lastname@example.org to discuss the competition law issues of your organization’s restructuring.