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Once the proposed transaction has been formally filed, the CNMC might be eager, depending on the circumstances, to deal with any questions informally, without stopping the clock (particularly if the transaction has been pre-notified). Iii Third-party entry to the file and rights to problem mergersThird-party access is expressly contemplated in the Competition Act in Phase II merger proceeding Iv Resolution of authorities’ competition issues, appeals and judicial reviewThe CNMC ought to, no much less than in theory, solve most preliminary concerns in pre-notification. The CNMC will make use of formal info requests, stopping the clock when essential.
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