Antitrust Review of Multijurisdictional Mergers: Navigating Complex Clearance Requirements
- 3.13.2014 | 1:00 PM - 2:30 PM
Pre-merger antitrust reviews of cross-border deals are challenging and time-consuming due to complex, overlapping pre-merger filing requirements among the jurisdictions involved in the deal. More than 90 countries currently have merger control laws and obligatory pre-merger filing requirements in place that govern cross-border M&A deals. Antitrust counsel reviewing multijurisdictional deals must become familiar with the various jurisdictions' merger review requirements to effectively determine the countries in which a merger transaction is reportable and manage the merger review process. The U.S. has started negotiating antitrust cooperation agreements with other national competition authorities to facilitate the sharing of information and simplify the merger review process. The implementation of cooperation arrangements is complicated, however, by jurisdictional procedural differences.
WilmerHale Partners James Lowe and Hartmut Schneider will be leading the discussion and sharing their insights on conducting and managing multijurisdictional merger reviews. They will discuss recent developments in global merger review regimes, the growing use of antitrust cooperation agreements between jurisdictions, and tactics for antitrust counsel for navigating the complex legal issues that arise in deals involving multiple regulatory compliance and review processes.
