UK Merger Control Regime Is More Than Just Voluntary
Law360, New York (December 11, 2017, 2:56 PM EST) -- The U.K. has a voluntary merger control regime, meaning that it is not a requirement to obtain approval from the U.K.'s Competition and Markets Authority (the "CMA") in order to complete and implement a transaction if the jurisdictional thresholds are met. On this basis, companies often choose not to notify transactions to the CMA.
But as companies going through the merger review process in the U.K. are discovering, it may be preferable to notify the CMA of an anticipated merger, even though notification is not mandatory, not least because it is the CMA's standard practice for "completed mergers" (i.e. transactions that...
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