The current legal framework of the commitments which may be undertaken in the context of the mergers in the light of the Competition Law no. 21/1996The current legal framework of the commitments which may be undertaken in the context of the mergers i Cover Image
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Cadrul legal actual al angajamentelor ce pot fi asumate în contextul concentrărilor economice în lumina Legii concurenței nr. 21/1996
The current legal framework of the commitments which may be undertaken in the context of the mergers in the light of the Competition Law no. 21/1996The current legal framework of the commitments which may be undertaken in the context of the mergers i

Author(s): Mihaela Ion
Subject(s): Law, Constitution, Jurisprudence
Published by: Uniunea Juriștilor din România
Keywords: mergers; commitments; structural and behavioural commitments.

Summary/Abstract: The Competition Law no. 21/1996 and the secondary regulations issued for its enforcement advise the parties involved in a merger, assessed as having serious doubts with a normal competitive environment, to propose to the Competition Council a number of commitments aimed at removing these doubts and ultimately lead to achieving a decision authorizing the notified transaction. The purpose of this article is to analyze, on the one hand, the current legal framework of the commitments which may be undertaken by the parties in the context of certain mergers, the procedure for the proposal, the undertake and the approval of the commitments and, on the other hand, the practice of the Competition Council on this topic.

  • Issue Year: 2013
  • Issue No: 11
  • Page Range: 154-166
  • Page Count: 13
  • Language: Romanian
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