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Resolution 905/23 of Commerce Secretariat ("Resolution") introduces important changes to the merger control procedure. These changes should enter into force 30 days after the publication of the Resolution in the official gazette (i.e., 15 June).
The main changes introduced by the Resolution are the following:
In the current post-merger control regime, these changes would not have a substantial effect on the procedures (especially on the Commission's rather long review process).
However, if the premerger control regime is introduced sometime in the future, we believe that the Resolution may become an important obstacle to the expedite analysis and approval required by such premerger regime.
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