Latest Breaking News On - காப்பீடு இணைப்பு - Page 1 : comparemela.com

Table of Contents UK Publishes Details of New Subsidy Control Regime EU and UK Reviews of Rules on Vertical Agreements Continue Apace European Commission Warns Against Restricting Access to Data Sharing Systems Check Merger Control Filing Obligations Worldwide: Austria Fines Facebook The scope and complexity of merger control filing requirements worldwide continue to increase. It is essential to carry out a full review for any acquisition, joint venture or minority investment whether it relates to a corporate entity or assets. This was demonstrated on 7 June 2021 when the Austrian Federal Competition Authority (AFCA) announced that it is seeking agreement from the Austrian Cartel Court to impose a fine on Facebook for not filing its acquisition of GIPHY under Austrian merger control law. Facebook should have filed and waited for clearance before closing the transaction. The company has agreed to settle the investigation and pay a EUR 9.6 million fine.

United kingdomNorthern irelandAustrian federal competition authorityAustrian cartel courtEuropean commissionWorld trade organizationMerger control filing obligations worldwideAustria finesKingdom publishes detailsNew subsidy controlUnited kingdom reviewsVertical agreements continueCommission warns against restricting accessData sharingUnited kingdom competitionMarkets authority