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ARTICLE · 28 MAY 2020

Simplified Merger Notification Procedure Announced By The CCPC

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The Competition and Consumer Protection Commission ("CCPC") has announced today that a simplified merger notification procedure regime ("Simplified Procedure") will officially commence on 1 July 2020.

IrelandAntitrust/Competition Law
Mary Dunne
Mary Dunne
Colm Rafferty
Colm Rafferty
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The Competition and Consumer Protection Commission ("CCPC") has announced today that a simplified merger notification procedure regime ("Simplified Procedure") will officially commence on 1 July 2020. The guidelines to the new procedure are available here.  

The Simplified Procedure will potentially halve the time for a Phase I clearance and also reduce the time and resources required of businesses as notifying parties will be exempt from providing certain information when filing mergers or acquisitions which do not raise significant competition concerns. 

A standard merger notification procedure ("Standard Procedure") allows the CCPC 30 working days to give a Phase I clearance to a notified deal. 

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