Previous Page  150 / 469 Next Page
Information
Show Menu
Previous Page 150 / 469 Next Page
Page Background

NEWSLETTER 2011

136

structural commitment and if there is no structural commitment having

an equivalent effect.

However, behavioural commitments may be as efficient as structural

commitments. For that reason, the condition of the absence of a structural

commitment will not be provided for the implementation of behavioural

commitments. The principle of proportionality also necessitates that a

behavioural commitment be implemented if it is sufficient to reach the

expected objective. Indeed, behavioural commitments are nearly always

the least troublesome and most economical in comparison with structural

commitments. For that reason, it is necessary to modify the Guidelines

Project and to disconnect the acceptance of behavioural commitments

from the absence of structural commitments.

Submission of Commitments to the Board

The Guidelines Project states that commitments may be submitted

with the notification or after the notification during the preliminary or

the final examination phase. In the notification form annexed to the

Communiqué, a special part was separate for commitments.

8

7

Submission of Commitments in the Preliminary Examination

Phase.

The Guidelines Project states that commitments may be accepted

in the preliminary examination phase on condition that competition

concerns may be readily identifiable and easily remedied and that the

commitments submitted in order to eliminate these competition concerns

are clear and evident. In this sense, substantive and implementing

commitments entered into by the parties must be submitted in full and in

detail and signed by a duly authorised person. Furthermore, the parties

must, by reason of the time limitation, submit the commitments on time

to the Board.

Even if this regulation is parallel to the Notice, the Guidelines

Project does not state that both the competition concerns arising out

of the operation of concentration and the commitments submitted in

order to eliminate these competition concerns must be so clear that a

deep examination is not needed. However, the non-necessity of a deep

7

Commitments may be submitted under point 11.5 of the notification form. See fn. 1.