LexisNexis: Romania Merger Control (2016)
Published in: Lexis PSL Competition (https://www.lexisnexis.com/uk/lexispsl/competition/document/391332/5C61%ADMNV1%ADF187%AD74F5%AD00000%AD00/Romania%20merger%20con)
Written by:Raluca Vasilache and Anca Jurcovan
Article link: pdf/en/articles/Romania_merger_control__2016____Lexis_PSL__practical_guidance_for_lawy..pdf
Publisher:LexisNexis
Written by:Raluca Vasilache and Anca Jurcovan
Article link: pdf/en/articles/Romania_merger_control__2016____Lexis_PSL__practical_guidance_for_lawy..pdf
Publisher:LexisNexis
The latest amendments to the merger rules were introduced in January 2016 and concern the value of the authorisation taxes (ie fee paid on clearance) of economic concentrations applied by the Romanian Competition Council (RCC). Also, in January 2016 amendments regarding the impact of the assessment performed by the Council of National Defense (SCND) were introduced. Where the SCND notifies the RCC that an economic concentration is likely to present a risk for national defence, the deadlines set out under the merger rules are suspended as of that notification date.
To read the entire article, please download the .pdf attached.