Prima facie opinion on combinations: Commission to assess competition impact within prescribed working days; parties may offer modifications before decision. Regulation 19 requires the Commission to form a prima facie opinion on combinations notified in Form I or Form II within the prescribed working day period as to whether they cause or are likely to cause an appreciable adverse effect on competition. Parties may offer modifications before that opinion is formed, and the Commission may approve a combination based on such modifications; a limited additional time to evaluate offered modifications is excluded from the statutory period. The Commission may call for information from other enterprises, and time taken to obtain that information is excluded from the period.
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.
Prima facie opinion on combinations: Commission to assess competition impact within prescribed working days; parties may offer modifications before decision.
Regulation 19 requires the Commission to form a prima facie opinion on combinations notified in Form I or Form II within the prescribed working day period as to whether they cause or are likely to cause an appreciable adverse effect on competition. Parties may offer modifications before that opinion is formed, and the Commission may approve a combination based on such modifications; a limited additional time to evaluate offered modifications is excluded from the statutory period. The Commission may call for information from other enterprises, and time taken to obtain that information is excluded from the period.
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