EU merger control reforms:: An appraisal

Eleanor Morgan

European Management Journal, 1998, vol. 16, issue 1, 110-120

Abstract: Important changes to the EU merger control regime come into force on 1 March 1998. Instead of a reduction in the overall turnover thresholds which the European Commission has advocated for many years, supplementary thresholds will be introduced to extend the benefits of the Regulation's `one stop shop'. A change in policy towards joint ventures means that more joint ventures will be covered by the Regulation than previously. This article assesses the implications of these two major jurisdictional changes as well as several modifications which will tidy up the treatment of large Community-level mergers by Brussels. Understanding the reforms can help managers to improve their firm's strategies and reduce legal costs.

Date: 1998
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