
The regulation of monopolies concerns the behaviour of companies
deciding to merge, take over another business or establish a joint
venture. In Holland a business needs to be aware of the guidelines
laid down by the Dutch Competition Authority (“Nederlandse
Mededingingsautoriteit” or NMa”) or the European Commission. Only
those companies of a certain size in terms of turnover are required
to present their plans to the relevant competition authority or
authorities for approval.
The authority will investigate whether a position of power would
arise or be strengthened as a result, and whether this could
significantly restrict competition. Should they find that the
proposed merger, takeover or joint venture will have this effect,
approval will be withheld and the action not allowed to
proceed.
At Van Benthem & Keulen, our attorneys understand the
importance that needs to be given to a competition authority’s
approval procedure (also referred to as a notification procedure)
especially where it relates to the timetable for completion, as any
commercial concentration requiring a duty of notification may not
proceed before approval is obtained.
Our attorneys provide advice to businesses and industrial
associations concerning other aspects of Competition Law in respect
of drafting or evaluating, such as exclusive and selective
distribution agreements, agency and pricing agreements and
compliance procedures within businesses. They also give expert
assistance to businesses and industrial associations faced with
being investigated by the European Commission and/or the NMa.