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ARTICLE · 07 MAY 2002

A French Revolution In Merger Control

United KingdomAntitrust/Competition Law
Important changes to the French merger control system will finally come into force within the next two weeks. New legislation was adopted in May last year, but a supplementing decree was required before the legislation could become effective. This Decree was published in the French Official Journal on 3 May 2002.

Until now, merger control in France has been based on a system of voluntary notification. Under the new legislation, notification of mergers/take-overs becomes compulsory when certain thresholds based on turnover are met:

  • The aggregate worldwide turnover of all the relevant parties exceeds € 150 million; and

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