BEUC - The European Consumer Organisation’s Post

I'm excited to participate in the Complaw merger control conference next week in Brussels on September 26, 2024. There are lots of developments in multijurisdictional merger control, and I'm looking forward to unpacking some of the cutting-edge issues. #antitrust #competitionlaw #mergercontrol

Increase in Merger Control Thresholds : Merger control thresholds, outlined in Section 5 of the Competition Act, have surged by 150%, signaling a more stringent regulatory environment. Transactions surpassing these revised benchmarks must secure prior approval from the CCI to proceed. This alteration emphasizes the need for businesses to carefully navigate the updated regulatory landscape for successful mergers. #mergersandacquisitions #privateequity

Live from the Spring Meeting: no surprise here, when discussing unpredictability in merger review, agencies and lawyers do not see eye to eye. While lawyers ask for more certainty, and a more coherent approach across jurisdictions, the agencies respond that they need to find the remedies that work for each market, and follow national legal tests. The panel has provided a good panorama of the obstacles international mergers are facing: - a wide array of national tests; - coordinating timing; - the layering of different regulations (FDI, FSR); - different and not always compatible approaches to remedies; - lack of sufficient cooperation. An excellent summary by Jürgen Schindler : managing international mergers is starting to feel like three-dimensional chess 🖖 #mergers #atspring

$AGBA~AGBA/TRILLER $4 billion MERGER: ELEVATING SHAREHOLDER VALUE TO NEW HEIGHTS - IMMEDIATELY AND FOR THE LONG TERM

Amendments to the Competition Act have now come into force. The amendments introduce rebuttals to arguments that claim mergers are anti-competitive if they result in certain concentration levels being exceeded. The amendments also make several revisions to the merger review provisions of the Competition Act. These include changes to the notification thresholds, an extension of the limitation period for challenging closed mergers, and more. The overall aim of the amendments is to make it easier for the Commissioner of Competition to challenge complex mergers, but for most transactions that are substantively non-complex, the changes are likely to have little impact. Read the full details in our bulletin: https://bit.ly/3RPoBrV #capitalmarkets #competition #foreigncompetition #foreigninvestmentreview #mergers #acquisitions #internationaltrade #transactions #advisory #regulatory Dany Assaf | Omar Wakil | Rebecca (Moskowitz) Wagner | Ian Li | Eric Patenaude

Major changes to Australia's merger control regime: Last week the Australian Treasurer announced the introduction of a new single mandatory, suspensory merger control system which would empower the ACCC, as the key decision-maker, to block a deal if it reasonably believes the merger would have the effect or likely effect of substantially lessening competition. The new merger control system is to come into effect from 1 January 2026. This is a significant development for all companies involved in M&A activity in the Australian market. You can read more about it, including a diagram summary of the new merger control process and timelines, in our client alert. #mergers #competition #mergercontrolsystems #australia

Once German Phase II Merger Review is opened, it is only a coin toss whether the deal will get through.   Three key takeaways from the recent publication of the list of phase II merger reviews from the Federal Cartel Office's website (Bundeskartellamt): - Almost 50% of all German phase II merger reviews end in withdrawal or blocking of the proposed transaction - 23% of German phase II merger reviews result in remedies, typically divestitures - German phase II merger reviews tend to take take longer since 2019, taking now more than five months on average to complete In other words, if you get to Phase II, you should better have a Plan B. #SZA #MnA #Mergers #Deals #DealMaking #CorporateLaw #CompetitionLaw

Daniel Wiedmann and Daniel Hoppen contributed the Germany chapter to Mondaq’s Comparative Guide Merger Control. The guide provides an overview of some of the key points of merger control law and practice across multiple jurisdictions. Link to article: https://lnkd.in/eu3Cmayu   #poellath #manda #mergersandacquisitions #mergers #mergercontrol

Increase in Merger Control Thresholds : Merger control thresholds, outlined in Section 5 of the Competition Act, have surged by 150%, signaling a more stringent regulatory environment. Transactions surpassing these revised benchmarks must secure prior approval from the CCI to proceed. This alteration emphasizes the need for businesses to carefully navigate the updated regulatory landscape for successful mergers.

🤝 Navigating NFP Mergers: Business Transfer vs. Change of Control ⚖️ Mergers are becoming more common in the NFP sector, and it's crucial to understand your options. Jonathan Teh, Felicity Iredale, and Emma Jacobs from Russell Kennedy Lawyers discuss the key considerations when structuring an NFP merger. 🏢✨ Should your merger be a business transfer or a change of control? Learn the pros and cons of each and set your organisation up for success. 📊 👉 Explore expert insights here: https://lnkd.in/gm8wtkTi #NFP #Mergers #BoardGovernance #NonProfit #BetterBoards #LegalGuidance #CharitySector