Language:
PL | EN

Kancelaria Prawna Skarbiec

Services

Securing approvals

[Warsaw, 06.06.2006] While effecting any mergers or acquisitions of business entities in Poland one should bear in mind the regulations concerning the notification of the President of the Office for Consumer and Competition Protection of intent to merge if the total sales of entrepreneurs participating in the merger for the financial year preceding the year of the notification exceeds EUR 50,000,000 (Article 12 Section 1 of the Law of 15 December 2000 on Protection of Competition and Consumers).

The above obligation applies to:

    1. merger of two or more independent enterprises;
    2. take-over - through acquisition or taking up of shares, other securities, interests, of all or part of assets or in any other manner - of direct or indirect control over the entire or part of one or more entrepreneurs by one or more entrepreneurs;
    3. establishment of a joint enterprise by entrepreneurs.

The President of the Office for Consumer and Competition Protection issues its consent to concentration in the form of a decision, provided that such concentration does not trigger any material limitation of competition in the market, including, in particular, as a result of occurrence or strengthening of dominant market position. One should also bear in mind that there is a number of special regulations concerning, among others, the exercise of voting rights underlying the shares in public companies and shares in certain entities in the financial sector.

DISCLAIMER: The material you read on this site has been prepared and/or edited by Skarbiec Law Office for information purposes only. This information should not be construed as legal advice and it is not necessarily current or complete. Receipt of this information does not create an attorney-client relationship.

Contact Us

Kancelaria Skarbiec
ul. Maciejki 13, 02-181 Warszawa
E-mail Address:
Phone Number:

Home & Market Laur Eksperta World Tax BCC Gazeta Prawna Gentleman Gazeta Finansowa Rising Stars 2013 Rzetelna Firma Home & Market Overseas Agent Rising Stars 2012