Comments on the Proposal for a new EC Merger Regulation (COM (2002) 711 final)
ICC supports the European Commission in its endeavour to modernise European competition law and policy
Prepared by the ICC commission on :
Publication date : 13/03/2003 | Document Number : 225/589
ICC supports the European Commission in its endeavour to modernise European competition law and policy.
The review of the EC Merger Regulation 4064/89 (ECMR) is an important part of this process, and the majority of the Commission's proposals in the Green Paper on Merger Review which have been incorporated into the ECMR in its proposed new formulation have been met with general approval within ICC. ICC welcomes the recasting of the new ECMR in a consolida ted text, as opposed to the issuing of an amending Regulation (as happened when the ECMR was amended in 1998). We recommend that this approach is applied in the future more generally and used when any major piece of EC legislation is the subject of subsequent amendments.