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 Cross-Tradition Connections
In Legal System
European Union regulation, applied across member states whose domestic systems are predominantly civil law.
Sources
1. European Union Merger Law (Wikipedia)
WikipediaBody text (era)Quote, Body 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.
1. European Union Merger Law (Wikipedia)
WikipediaBody text (promulgated-by)Quote, 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.
1. European Union Merger Law (Wikipedia)
WikipediaBody text (jurisdiction-scope)Quote, 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.
1. European Union Merger Law (Wikipedia)
WikipediaBody text (regulatory-domain)Quote, 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.
Major Legal Systems in the World Today
Rene David and John E.C. Brierley, Stevens and Sons, 1985In Legal System: Civil Law
Reader Challenges (0 open reader challenges)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.
View At A Past Year
The atlas records no dated fact of its own for this entry, so there is no other year to choose.