Acquisitions not likely to harm competition: specified minority, passive asset, and intra group transfers are excluded from notification. Specified categories of combinations are deemed ordinarily not likely to cause appreciable adverse effect on competition where acquisitions are passive or in the ordinary course and do not lead to control. Exclusions include limited minority share acquisitions lacking board involvement or nomination rights, additional share purchases that do not result in control, asset purchases unrelated to the buyer's business or made as investments, corporate actions like bonus issues and rights subscriptions not leading to control, market operations by underwriters or brokers, intra-group transfers not causing change from joint to sole control, and Commission-approved purchaser acquisitions.
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.
Acquisitions not likely to harm competition: specified minority, passive asset, and intra group transfers are excluded from notification.
Specified categories of combinations are deemed ordinarily not likely to cause appreciable adverse effect on competition where acquisitions are passive or in the ordinary course and do not lead to control. Exclusions include limited minority share acquisitions lacking board involvement or nomination rights, additional share purchases that do not result in control, asset purchases unrelated to the buyer's business or made as investments, corporate actions like bonus issues and rights subscriptions not leading to control, market operations by underwriters or brokers, intra-group transfers not causing change from joint to sole control, and Commission-approved purchaser acquisitions.
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