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ECOMMENDED PRACTICES FOR MERGER …

RECOMMENDED PRACTICES FOR MERGER notification AND review procedures I. Nexus to Reviewing Jurisdiction A. Jurisdiction should be asserted only over those transactions that have an appropriate nexus with the jurisdiction concerned. WORKING GROUP COMMENTS Original Comments (September 2002) Comment 1: Jurisdictions are sovereign with respect to the application of their own laws to mergers . In exercising that sovereignty, however, jurisdiction should be asserted only with respect to those transactions that have an appropriate nexus with the reviewing jurisdiction. B. MERGER notification thresholds should incorporate appropriate standards of materiality as to the level of "local nexus" required for MERGER notification . WORKING GROUP COMMENTS Original Comments (September 2002) Comment 1: In establishing MERGER notification thresholds, each jurisdiction should seek to screen out transactions that are unlikely to result in appreciable competitive effects within its territory.

RECOMMENDED PRACTICES FOR. MERGER NOTIFICATION AND REVIEW PROCEDURES. I. Nexus to Reviewing Jurisdiction. A. Jurisdiction should be asserted only over those transactions that have an appropriate …

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