Significant Impediment to Effective Competition Definition | Legal Glossary | LexisNexis
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GLOSSARY

Significant Impediment to Effective Competition definition

What does Significant Impediment to Effective Competition mean?

In order to determine whether a proposed concentration (merger) is compatible with the Internal Market and therefore legal under EU law, the EU Commission will conduct a market analysis to ascertain the likely competitive effects of the deal. The concentration will be prohibited where it is determined that it would significantly impede effect competition.

The SIEC test is the revised substantive test adopted under Regulation 139/2004 and is different to the substantive test adopted under UK and US merger control - substantial lessening of competition.

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