date:Apr 02, 2014
ulation.
The prohibition of implementation of a concentration before it is notified and cleared by the Commission constitutes a cornerstone of EU merger control and of most merger control systems worldwide.
The early implementation of a concentration affects the structure of the market and may make it more difficult for the Commission to restore effective competition where necessary. In order to avoid any permanent and irreparable damage to effective competition, companies are obliged to giv