Translation/ Interpretation Services and Mergers and Acquisitions Under EU Competition Law
According to the European Commission - who has authority over competition law (Regulation 139/2004 and Art. 83 TEC) - competition law requires that firms proposing to merge must first gain authorization from the relevant government authority. Although firms are allowed to go forward with the merger without authorization, they face the prospect of demerger should the merger later be found to 'lessen competition'.
