Law360, New York (November 26, 2007, 12:00 AM EST) -- The United Kingdom's Office of Fair Trade has raised its threshold for mergers and acquisitions that must undergo review before gaining approval to $20.7 million, which is about 25 times higher than deals must currently be worth to attract an inquiry.
The OFT revised its guidelines for mergers affecting small markets earlier this month, after receiving strong support from law firms, trade groups, companies and individuals, during a public comment period in which many said the de minimis should be hiked even further.
Increasing the limit...
U.K. Hikes Merger Review Standard Up To $20M
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