The following Competition guidance note Produced in partnership with Ogier provides comprehensive and up to date legal information covering:
A conversation with Matthew Shaxson, group partner in the Jersey office of offshore law firm Ogier on key issues on merger control in Jersey.
NOTE–to see whether notification thresholds in Jersey and throughout the world are met, see Where to Notify.
There have been no recent changes to the primary legislation, the Competition (Jersey) Law 2005 (the Law), or to the Competition (Mergers and Acquisitions) (Jersey) Order 2010 (the Mergers Order).
In July 2017 and April 2018, the Channel Islands Competition and Regulatory Authorities (CICRA, the combined name for the Jersey Competition Regulatory Authority (the JCRA) and the Guernsey Competition and Regulatory Authority (the GCRA), the JCRA being referred to in this conversation as CICRA for simplicity) published new guidance on the process for obtaining their approval of a notifiable merger or acquisition. The changes include:
introducing a formal pre-notification process, with greater flexibility for the CICRA to comment on draft notifications
requiring the non-confidential version of the notification to be submitted to the CICRA at an earlier stage, and
introducing ‘state of play’ meetings for those transactions which appear to raise competition concerns.
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