Originally published November 21, 2011
Keywords: multijurisdictional merger filings,
cross-border mergers, antitrust reviews, filing requirements,
merger control laws
Cross-border mergers frequently trigger pre-closing antitrust
reviews. Such reviews are complex and can be fraught with risk.
With more than 90 countries now having obligatory premerger filing
requirements, different substantive and procedural regimes can make
a multijurisdictional transaction an expensive and time-consuming
process.
It is common these days, in both developed and emerging market
economies, to have merger control laws. Additionally, national
competition authorities around the world are moving closer to a
''common competition culture." Now that doing business
often means doing business globally, preparation for
multijurisdictional filings should be a routine part of the overall
business strategies developed by companies and their advisers. As a
result, organizations involved in