Comments on the EC Green paper on the Review of Merger Regulation 4064/89

The review of the EC Merger Regulation 4064/89 (ECMR) is an important part of this process, and most proposals of the Green Paper on Merger Review have been met with general approval.

ICC supports the European Commission in its endeavour to modernize Euro-pean competition law and policy.
The review of the EC Merger Regulation 4064/89 (ECMR) is an important part of this process, and most proposals of the Green Paper on Merger Review have been met with general approval.
We would like to emphasize the paramount importance of adapting European Competition Law to the requirements of globalisation. This is absolutely necessary for increasing the competitiveness of European enterprises on world markets. In particular, greater weight should be given to the dynamics of markets which can change today much more quickly than in the past.