Concentration

Concentration in the European Union Law

Concept of Concentration provided by the “Glossary of terms used in EU competition policy” (Antitrust and control of concentrations, published in 2002): A concentration arises either where two or more previously inde-pendent undertakings merge (merger), where an undertaking acquires control of another undertaking (acquisition of control), or where a joint venture is created, performing on a lasting basis all the functions of an autonomous economic entity (full-function joint venture).

(See: Article 3(1) and (2) of the merger regulation; Commission notice on the concept of concentration (OJ C 66, 2.3.1998, p. 2).)

Resources

See also

• Merger control procedure