WebFeb 18, 2024 · Continued application of the CCPC’s new simplified procedure – following its introduction in July 2024, the CCPC’s new simplified procedure for transactions … WebMay 14, 2024 · The Competition and Consumer Protection Commission (CCPC) has announced that a simplified merger notification procedure regime (Simplified Procedure)…
CCPC Consults on Simplified Merger Notification Procedure …
Web1.12 The CCPC applied some of the simplified procedure criteria used by the EU Commission to 219 7 notifications reviewed by the CCPC between the period 2016 - 2024 8. On the basis of this analysis, the CCPC estimates that 1219 of these mergers, approximately 55%, would have qualified for review under WebCCPC may at any point revert to the standard procedure for notifications if new information comes to light which suggests that the transaction does not fall within the scope of the … mortgages for the over 60\u0027s uk
CCPC Introduces Simplified Merger Notification Procedure
WebMay 20, 2024 · The CCPC believes that the simplified procedure will have a positive impact on relevant businesses as it will lead to shorter review periods for mergers and acquisitions which do not raise competition concerns, resulting in a less burdensome process. Businesses will also see a reduction in the time and resources required during … WebNov 13, 2024 · The CCPC estimates that approximately 55% of all notifications reviewed by the CCPC between the period 2016 – 2024 did not raise competition concerns and would have qualified for review under a simplified procedure. At EU level, over 75% of the total number of transactions notified fall within the simplified procedure. WebJan 5, 2024 · In July 2024 the CCPC introduced a simplified merger notification procedure; 5 January 2024: ... Furthermore, on 1 st July 2024, the simplified merger notification procedure (SMP) commenced. The CCPC decided to introduce such a procedure following a public consultation period in late 2024 to reduce the time and resources required of … mortgages for shared ownership properties