The adoption of mandatory pre-merger competition notification regimes is continuing in jurisdictions throughout the world. China and India have just implemented comprehensive pre-merger review laws, and although their entry into this forum is recent, it is likely that they will become significant constituencies for transaction parties to deal with when trying to close their transactions.
Given the ability of most competition agencies with pre-merger notification laws to delay, and even block, a transaction, it is imperative to take each jurisdiction – small or large, new or mature – seriously. Differences between regimes necessitate careful consideration when advising clients on a particular transaction. Thus, it is critical from the outset for counsel to develop a comprehensive plan to determine how to navigate the jurisdictions requiring notification, even if the companies operate primarily outside some of the jurisdictions. This book should provide a useful starting point in this important aspect of any cross-border transaction being contemplated in the current enforcement environment.
Including an overview of the process as well as an indication of recent decisions, strategic considerations and likely upcoming developments in 43 jurisdictions, The Merger Control Review provides insights valuable to both in-house and outside counsel involved in the competition review of cross-border transactions.
Ilene Knable Gotts is a partner in the New York City law firm of Wachtell, Lipton, Rosen & Katz, where she focuses on antitrust matters. Mrs Gotts is regularly recognised as one of the world’s top antitrust lawyers, including being recognised in the 2006, 2007 and 2008 editions of The International Who’s Who of Business Lawyers as one of the top 15 global competition lawyers; in the first-tier ranking of Chambers USA Guide, and the ‘leading individuals’ ranking of PLC Which Lawyer Yearbook. Mrs Gotts is currently the chair-elect of the American Bar Association’s Section of Antitrust Law, having previously served in a variety of leadership positions, including as the international officer. From 2006 to 2007, Mrs Gotts was chair of the New York State Bar Association’s Antitrust Section. She is currently a member of the American Law Institute. Mrs Gotts is a frequent guest speaker, has had over 130 articles published on antitrust-related topics, and was the editor of the second and third editions of the ABA’s Merger Review Process Handbook. She is a member of the editorial board of the Antitrust Counselor, Antitrust Report and Competition Law International publications and the advisory board of BNA’s Antitrust & Trade Regulation Report. Mrs Gotts is a member of the board of National Law Alumni of Georgetown University Law Center, the advisory board of Georgetown University Law Center’s Corporate Counsel Institute, the Lincoln Center Counsel’s Council, and legal advisory board of Legal Momentum.
The publisher acknowledges and thanks the following for their learned assistance throughout the preparation of this book:
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