related to EU Merger Regulation
Definition
- Article 1(2) EUMR
- more than 5 billion in worldwide turnover after merger (both/all companies together)
- and union-wide turnover is more than 250 million each of at least 2 undertakings
- unless each undertaking achieves more than 2/3 of turnover in same country → national issue, not EU issue
- Article 1(3) EUMR
- combined worldwide turnover of 2.5 billion
- and at least 3 member states combined turnover is over 100 million
- and each individual turnover is over 25 million of at least 2 of them
- and union-wide turnover of at least 2 is above 100 million
- unless each undertaking achieves more than 2/3 of turnover in same country → national issue, not EU issue
- How to decide
- gather enough information on turnover stats regarding worldwide, union and local
- setup table with information
- try and exclude → everything which cannot be excluded is included
Condensed
everything mentions turnover
paragraph 2
-
5 billion combined
- AND >250 mil each
- UNLESS each more than 2/3 turnover in same country paragraph 3
-
2.5 billion combined
- AND >100 mil in 3 or more MS combined
- AND > 25 mil in 2 or more MS individually
- AND >100 mil in EU
- UNLESS each more than 2/3 turnover in same country