Procedure completed
Role | Committee | Rapporteur | Shadows |
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Lead | ECON | RAPKAY Bernhard (PSE) | |
Opinion | JURI | JANSSEN VAN RAAY James L. (PPE) |
Legal Basis RoP 132
Activites
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1996/12/02
Final act published in Official Journal
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1996/11/13
Decision by Parliament, 1st reading/single reading
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T4-0593/1996
summary
In adopting the report by Mr Bernhard RAPKAY (PSE, D) on the Commission's Green Paper on the review of the merger regulation, Parliament advocated a significant reduction of the thresholds, and specifically a reduction to ECU 2 billion of worldwide turnover and ECU 100 million of Community turnover. In view of the Council's resistance to too drastic a reduction, Parliament called on it to approve at least the figures now proposed of ECU 3 billion of worldwide turnover and ECU 150 million of Community turnover. It also called on the Commission to review the two-thirds rule critically. �
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T4-0593/1996
summary
- 1996/11/12 Debate in Parliament
- 1996/10/22 Vote in committee, 1st reading/single reading
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1996/02/28
Committee referral announced in Parliament, 1st reading/single reading
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1996/01/31
Non-legislative basic document published
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COM(1996)0019
summary
OBJECTIVE: to launch a far-reaching debate, between now and 31 March 1996, with a view to adapting the rules on the monitoring of company mergers in order to bring them into line with the realities of the single market. SUBSTANCE: the Commission Green Paper provides a detailed description of the existing regulatory framework governing the monitoring of mergers both at Community level and within the Member States. It then proposes a set of options to be discussed, which may be summarized as follows: - a reduction in the thresholds at which the Commission assumes exclusive control, namely a worldwide turnover of ECU 2 billion (instead of 5 billion) and a Community-wide threshold of ECU 100 million (instead of ECU 250 million) for each of at least two companies involved; - failing such a reduction in the thresholds, exclusive control by the Commission in the case of mergers lying between the existing thresholds and the new proposed thresholds and which must be notified to several national competition control bodies (problem of multiple notification); - a series of options making it possible to improve the treatment of joint companies which do not fall within the scope of the merger rules but, rather, under the general competition policy rules (Article 85 of the EC Treaty). One possible solution would be to deal with such cases on the basis of the same timescales as in the case of mergers (i.e. a favourable response within one month of notification in uncontested cases and a second period of four months in problematic cases). A number of procedural improvements are proposed, relating to acceptance of commitments in the first phase of investigation. Lastly, proposals are put forward concerning simplification of the method for calculating the turnover of financial and credit institutions and the method used for the geographic allocation of turnover. �
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COM(1996)0019
summary
Documents
- Non-legislative basic document published: COM(1996)0019
- Committee report tabled for plenary, single reading: A4-0339/1996
- Debate in Parliament: Debate in Parliament
- Decision by Parliament, 1st reading/single reading: T4-0593/1996
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