Brief 07: Full Marks? The Draft EC Notice on the Appraisal of Horizontal Mergers 27.11.02
In December 2002, the EC Commission announced a series of reforms designed to improve the assessment of mergers. As far as horizontal mergers are concerned, substantial changes are largely covered in the Draft Notice on the Appraisal of Horizontal Mergersthat accompanied the reforms. In Brief 7 we assess the Draft Notice and its implications.