Q2/2009 Ongoing drafting sessions for amending the law on protection of competition

The sub-commission report on the Draft Law on the Amendments to the Law on the Protection of Competition has been completed and sent to the main commission. One of the significant amendments to be made is related to mergers and acquisitions.

Within the current version of the said draft law, the section on mergers and acquisitions has been re-drafted under the title "Concentration Transactions". Accordingly, the definition of "concentration" has been made in compliance with the Council Regulation (EC) No. 139/2004.

 

Pekin Pekin