The EU Merger Regulation is the legal instrument through which the European Union reviews and controls mergers and acquisitions that have a significant impact on competition within the European single market. It requires companies whose combined revenues exceed specified thresholds to notify the European Commission of a proposed merger before it is completed, giving the Commission authority to approve, block, or impose conditions on the transaction. First adopted in 1989 and substantially revised in 2004, the Regulation established the principle, often described as one stop shop review, under which a qualifying merger is reviewed once at the European Union level rather than separately by each member state.
Facts
EraSourced to the subject's own accountIn force as the Economic Concentration Regulation 139/2004, known as the EUMR, since 2004. 1 Promulgated BySourced to the subject's own accountCouncil of the European Union. 1 Jurisdiction ScopeSourced to the subject's own accountEuropean Union; concentrations meeting 'Community dimension' turnover thresholds require European Commission approval. 1 Regulatory DomainSourced to the subject's own accountMerger and acquisition control under EU competition law. 1 Jurisdiction Scope
Jurisdiction Scope (category)Sourced to the subject's own account Era
Era (category)21st Century (2000-Present) 2 Connections
Associated With
the EU Merger Regulation is the EU counterpart to US merger review under the Clayton Antitrust Act
The Digital Markets Act supplements the European Union's existing competition-law toolkit, including merger control under the EU Merger Regulation, with ex-ante obligations on gatekeeper platforms.
In Legal System
European Union regulation, applied across member states whose domestic systems are predominantly civil law.
Source Major Legal Systems in the World TodayRene David and John E.C. Brierley
Sources
1. European Union Merger Law (Wikipedia)
WikipediaBody text (era)
Oversight by the European Union, the competition laws have been enacted under the Directive 2005/56/EC on Cross-border mergers and the Economic Concentration Regulation 139/2004, known as the “EUMR”. The law requires that firms proposing to merge apply for prior approval from the Commission.
Body text (promulgated-by)
Oversight by the European Union, the competition laws have been enacted under the Directive 2005/56/EC on Cross-border mergers and the Economic Concentration Regulation 139/2004, known as the “EUMR”. The law requires that firms proposing to merge apply for prior approval from the Commission.
Body text (jurisdiction-scope)
Oversight by the European Union, the competition laws have been enacted under the Directive 2005/56/EC on Cross-border mergers and the Economic Concentration Regulation 139/2004, known as the “EUMR”. The law requires that firms proposing to merge apply for prior approval from the Commission.
Body text (regulatory-domain)
Oversight by the European Union, the competition laws have been enacted under the Directive 2005/56/EC on Cross-border mergers and the Economic Concentration Regulation 139/2004, known as the “EUMR”. The law requires that firms proposing to merge apply for prior approval from the Commission.
View the Source 2. EUR-Lex (Publications Office of the European Union): Council Regulation (EC) No 139/2004 (EC Merger Regulation)
EUR-Lex (Publications Office of the European Union)Title
Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings
In Group: Competition Law Outside the United States, Title, group placement
Council Regulation (EC) No 139/2004 of 20 January 2004 on the control of concentrations between undertakings
View the Source Major Legal Systems in the World Today
Rene David and John E.C. Brierley, Stevens and Sons, 1985In Legal System: Civil Law
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