An EU Competition Court
- Great Britain: Parliament: House of Lords: European Union Committee
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An EU Competition Court is written by Great Britain: Parliament: House of Lords: European Union Committee and published by The Stationery Office. It's available with International Standard Book Number or ISBN identification 0104010525 (ISBN 10) and 9780104010525 (ISBN 13).
Large cross-border mergers have to be cleared in advance by the EC Commission. If the Commission prohibits a merger, or a third party objects to the clearance, the decision can be challenged in the Court of First Instance (CFI). However the CFI procedure can take several months, thereby prolonging uncertainty and sometimes causing bids to be abandoned. This is unsatisfactory and the CBI has proposed a new Competition Court as the way forward. This report looks at this proposal and concludes that such a court would not be the best way forward. Instead there is scope for improving current procedures by firmer case management, reducing the work load of the CFI by transferring trade mark cases, and improving the Commission's handling of cases to reduce the number and scope of challenges.
