New EU Merger Rules: 1 Step Forward, 2 Steps Back

Law360, New York (December 10, 2013, 11:47 PM EST) -- The European Commission recently adopted a number of revisions[1] to its merger rules intended to streamline and speed up the EU merger review process.[2] The new rules will enter into force on Jan. 1, 2014. The stated purpose of the revisions is to reduce the administrative burden and cost for business. In reality, however, some of the revisions will significantly increase the burden on the parties who notify mergers to the commission (the "notifying parties") and could result in delays in the review process and increased transaction costs....

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