WebApr 14, 2024 · The European Commission has stated in the Notice on Ancillary Restraints that a non-compete clause is justified for a period of three years on the transfer of … WebJan 20, 2024 · The EC has set out its guidelines on ancillary restraints in 'Commission Notice on restrictions directly related and necessary to concentrations' 2 (' EC Guidelines '). According to the EC Guidelines, NCCs must be "directly related and necessary to the implementation of the transaction".
Ancillary Restraints in the Context of Merger Control - SSRN
WebRestrictions directly related and necessary to the implementation of concentrations (so-called "ancillary restraints") are contractual agreements which companies frequently enter into in the context of mergers. Commons examples of such restrictions are: non-competition clauses, licence agreements or purchase and supply obligations. WebMar 27, 2015 · Equivalent to the Commission Notice on restrictions directly related and necessary to concentrations ("Notice"), the Turkish Competition Authority published the Guidelines on Undertakings Concerned, Turnover and Ancillary Restraints in Mergers and Acquisitions ("Guidelines") (approved by the Board on May 3, 2011 and last amended on … pngei accounting policy
11.E: Assessment Questions - Business LibreTexts
WebAug 7, 2024 · In general, an ancillary restraint is a restraint that promotes the procompetitive attributes and competitive success of a legitimate collaboration, including a JV. For example, an agreement by a parent not … WebThe assessment of ancillary restraints is limited to determining whether, ... In its recent notice on the treatment of ancillary restraints,29 the Commission took the view that the assessment of such clauses in merger decisions is of a … WebJan 17, 2024 · The EC has set out its guidelines on ancillary restraints in ‘Commission Notice on restrictions directly related and necessary to concentrations’[2] (‘EC Guidelines’). According to the EC Guidelines, NCCs must be “directly related and necessary to the implementation of the transaction”. Therefore, the scope (product and geographic ... pnghs board