European Commission 9 July 2014, COMMISSION STAFF WORKING DOCUMENT Accompanying the document WHITE PAPER Towards more effective EU merger control

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The Commission Staff Working Document outlines the current state and proposed reforms of EU merger control, particularly focusing on the implications of the 2004 reform and the introduction of the "significant impediment of effective competition" (SIEC) test. It discusses the need to extend merger control rules to include acquisitions of non-controlling minority shareholdings and emphasizes the importance of cooperation between the Commission and national competition authorities (NCAs). The document also highlights the role of quantitative and qualitative evidence in merger assessments and the ongoing commitment to maintain competitive market structures during economic downturns.AI