The Council of Ministers responsible for economic and monetary affairs today gave its final approval to a new Merger Regulation which will come into force on May 1st. The formal adoption follows the unanimous political agreement at the Competitiveness Council on 27 November 2003.
The Merger Regulation was first adopted in 1989 and took effect on 21 December 1990. It created a one-stop shop where companies apply for regulatory clearance for mergers and acquisitions above certain worldwide and European turnover thresholds.
Commission press release
New Merger Regulation frequently asked questions
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