| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/00/671 (28.6.00) |
| Publication Date | 28/06/2000 |
| Content Type | News |
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A report to the Council adopted by the European Commission on 28.6.00 highlights that too many mergers with cross-border effects still fail to meet the turnover thresholds set in the merger regulation as revised in 1997. This report will act as the basis for a more in-depth investigation into whether to propose new modifications to Merger Regulation 4064/89 at a later stage. The Commission also approved a simplified merger review procedure for such mergers, acquisitions and joint ventures that pose no competition problems with a view to concentrate its scarce staff resources on more complex and problematic deals. |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
