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ARTICLE · 30 JUNE 1999

New EC Merger Rules in Force competition

SwedenAntitrust/Competition Law
Magnus Brorsson
Magnus Brorsson

By Christer A. Holm 23 March 1998

On 1 March the amendments to the EC Merger Regulation, adopted by the Council in June 1997 (Regulation 1301/97), came into force. A new procedural Regulation, together with the revised notification form CO was published in OJ L61 of 2 March 1998. A series of explanatory Commission notices were published in OJ C66 of 2 March 1998.

The new amendments are the first set of substantive changes made to the Regulation since its introduction in 1989. They can be grouped into four categories:

  • reduced thresholds to cover deals which may otherwise give rise to multiple national filings
  • changes to the definition of a joint venture which qualifies under the Regulation, extending its scope to all "full-function" joint ventures

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