EC official says merger control flexible enough to account for COVID-19 market turbulence – Concurrences

15 April,2020 - 05:00 am UTC

The European Commission’s (EC) merger control rulebook is sufficiently flexible to allow the agency to account for substantive changes in market conditions such as those caused by the coronavirus outbreak during the course of an assessment, said a senior EC official today (7 April).

The EU Merger Regulation (EUMR) is flexible enough to take account of unanticipated developments over the course of a review, said Josep Maria Carpi Badia, the head of the merger case support unit at DG Competition during a Concurrences online conference.

PaRR subscribers can read the full article on PaRR here.

Not a subscriber? PaRR delivers global intelligence on competition law. To read this article and more, apply for a free trial below.

To read the full article, try PaRR for free:

One of our team will be in-touch to set-up your free trial