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ARTICLE · 31 JULY 2020

Mergers Control: French Competition Authority Publishes New Guidelines

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

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The French Competition Authority has maintained its aim to modernize and simplify the merger control system, initiated in 2017, with the publication and entry into force on July 24 of its revised guidelines.

FranceCorporate/Commercial Law

The French Competition Authority has maintained its aim to modernize and simplify the merger control system, initiated in 2017, with the publication and entry into force on July 24 of its revised guidelines. This document replaces the guidelines of July 4, 2013.

Following the simplification of the notification procedure and the possibility for companies to notify certain mergers online, these new guidelines provide a clear and complete guide to parties involved in a concentration about the notification of transactions that may fall within the scope of French merger control rules.

The objectives of the recast: more visibility for companies

The purpose of the new guidelines is to provide guidance to companies on the scope of merger control, the notification procedure and the substantive assessment of concentrations by the French Competition Authority.

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