German Merger Control: New “Size-of-Transaction” Test for Merger Control in Germany

Sullivan & Cromwell LLP - July 5, 2017
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On 9 June 2017, the Ninth Amendment to the German Act against Restraints of Competition (Gesetz gegen Wettbewerbsbeschränkungen) entered into force. Among other changes to German competition law, it supplements (and partially replaces) the current filing thresholds with a new EUR 400 million size-of-transaction test.