Failure to file notice triggers Commission inquiry and a direction to file merger notice under competition law. When parties fail to file the required notice, the Commission may on its own information inquire whether the combination causes or is likely to cause an appreciable adverse effect on competition. If an inquiry is commenced, the Commission may direct the parties to file the notice in the form it specifies, and the parties must submit that notice within the prescribed period stated in the Commission's communication, without prejudice to any penalties or prosecutions under the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Failure to file notice triggers Commission inquiry and a direction to file merger notice under competition law.
When parties fail to file the required notice, the Commission may on its own information inquire whether the combination causes or is likely to cause an appreciable adverse effect on competition. If an inquiry is commenced, the Commission may direct the parties to file the notice in the form it specifies, and the parties must submit that notice within the prescribed period stated in the Commission's communication, without prejudice to any penalties or prosecutions under the Act.
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