| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/01/908 (27.6.01) |
| Publication Date | 27/06/2001 |
| Content Type | News |
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The European Commission has adopted a new Notice on restrictions directly related and necessary to concentrations (so-called 'ancillary restraints'), which replaces a previous notice of 1990. Under the new policy, the Commission will no longer assess whether any restrictions entered into by parties in the context of a merger, such as non-competition clauses or purchase and supply obligations, are 'ancillary', in which case they would automatically benefit from the effect of the clearance decision. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/908&format=HTML&rapid=0&language=EN&guiLanguage=en |
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| Subject Categories | Internal Markets |
| Countries / Regions | Europe |
