TRENDE
Client Portal Contact
FAQ · Practice & Dispute

Is Competition Board approval required for every transaction?

No. Approval is required when the parties' turnovers exceed certain thresholds and a change of control is involved. We assess at an early stage whether the transaction is subject to notification and, where necessary, run the notification process.

Updated · July 20261 min readCategory · Practice & Disputes
Short answer

No. Approval is required when the parties' turnovers exceed certain thresholds and a change of control is involved. We assess at an early stage whether the transaction is subject to notification and, where necessary, run the notification process.

No. Approval is required when the parties’ turnovers exceed certain thresholds and a change of control is involved. We assess at an early stage whether the transaction is subject to notification and, where necessary, run the notification process.

Shall we apply this matter to your situation?

Tell us your specific situation in a few sentences; we'll assess it with the right team.

Get in touch →
This content is for general information purposes and does not constitute legal advice. To assess your specific situation, please get in touch with our team.
CategoriesPractice & Disputes
★

Related questions

The choice should be based on the value of the dispute, the need for confidentiality, speed, the counterparty's position, enforceability, and the dispute resolution clause in the contract.

Read the full answer →

Yes. A brief legal review before signing can prevent costly risks in the liability, termination, penalty clause, payment, and dispute provisions.

Read the full answer →

The LkSG is Germany's supply chain due diligence act, while the CSDDD is the EU-level framework, applying from 26.07.2029 and, since Omnibus I, covering a narrower set of companies than the LkSG; Turkish suppliers are most often affected through contracts and customer requirements.

Read the full answer →
★

Related Areas of Work

Consider this question together with the relevant services, practice areas, focus areas, sectors and desks.

Practice Areas

The legal disciplines this question sits within.

See all
Practice & Disputes

The right start means a predictable process.

From the first meeting to completion of the work; let's plan every step transparently.

Get in touch →All questions →