On 1 January 2014 the EC introduced key reforms to EC merger control rules, with the aim of reducing the information burden on companies, particularly for notification of non-complex mergers, and to streamline the pre-notification process. However, while the new rules will facilitate dealmaking in Europe, they will not in themselves increase the number of deals, and the EU Merger Regulation process will remain more complex and costly for simple transactions than other regimes.
FW spoke to Catriona Hatton at Baker Botts L.L.P., Davina Garrod at Bingham McCutcheon LLP and Ian Giles at Norton Rose Fulbright LLP, about European merger notification and control.
TalkingPoint: Changes to European merger notification and control