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ARTICLE · 28 SEPTEMBER 2023

Brussels Regulatory Brief: August-September 2023

K&L Gates
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On 20 April 2023, the European Commission (Commission) adopted a new legislative package that entered into force on 1 September 2023 consisting of: (i) an implementing regulation...

European UnionAntitrust/Competition Law

ANTITRUST AND COMPETITION

The European Commission's Merger Simplification Package Enters Into Force

On 20 April 2023, the European Commission (Commission) adopted a new legislative package that entered into force on 1 September 2023 consisting of: (i) an implementing regulation, (ii) a notice on simplified procedure (Notice), and (iii) a communication on the transmission of documents (Communication) (collectively, the Merger Simplification Package). The objective of the Merger Simplification Package is to streamline and expand the scope of the simplified review process for unproblematic transactions as well as to reduce burden on companies with respect to certain information requirements when notifying transactions.

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