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NEWS LETTER 2 0 1 0

88

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Non-reacquisition clause: In order to maintain the structural

effect of a remedy, the commitments have to foresee that the

merged entity cannot subsequently acquire influence over the

divested business in whole or in part. This non-reacquisition

period may last for more than ten years, especially in new

markets.

Behavioral commitments need to be efficient, concrete, and verifiable.

Proportionality:

The remedies should not provide any burden

higher than what is necessary to overcome the competition concerns.

Exactitude of information and documents concerning the

submitted commitments:

This is the “keystone” of the system

because the CB authorizes operations of concentrations within the

framework of the submitted commitments.

Implementation period:

In order to reach the expected goal, the

commitments will be put into practice within a determined period

of time.

Monitoring:

A trustee to monitor the correct implementation of the

commitments is to be appointed and the trustee’s characteristics,

functions, term of office, and appointment method are to be

explained in detail.