date:Jul 31, 2014
cause they meet certain turnover thresholds) must be notified to and authorised by the Commission before they are implemented. This so-called standstill obligation is a cornerstone of the EU merger control system, as it allows the Commission to identify whether the concentration raises competition concerns and, if the companies do not submit commitments that address them, to prohibit the transaction and prevent it from taking place. This prior scrutiny is a key safeguard that protects direct cus