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Parties to a transaction are under the obligation to determine the rele-
vant product and geographic market, while defining the affected mar-
ket, and must obtain the necessary approval from the Board. Following
the general information provided in relation to the affected market,
undertakings produce detailed information for various fields, including
sales, competitors, distribution channels, import conditions, as well as
supply and demand substitutions in relation to the customers. As a
result of abolishing the exception provided for the affected markets
with the amended text of the Communiqué, once the thresholds are
exceeded, the aforementioned information shall be presented within
the scope of the merger or acquisition.
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NEWSLETTER 2015