Work Hard Play Hard wıth ELSA – A Tradıtıon of ACTECON
Every year ACTECON organizes a seminar on EU and Turkish merger control regimes within the scope of ELSA Law School on Mergers and Acquisitions. This year ACTECON hosts Hanna Stakheyeva, as a guest lecturer, and more than 60 students from all over the Europe within ACTECON Day.
Hanna Stakheyeva from SJBerwin is also our guest writer. We would like to thank Hanna for joining ACTECON Day and also her article below.
It has been a good and long-established tradition of the European Law Students Association (ELSA) to organize the international summer law school on Mergers and Acquisitions. Every year law students from all accross Europe come together to the beautiful city of Istanbul to combine work and leisure in a most efficient way.
This year’s 9th ELSA Istanbul Summer Law School on M&A July 14-21, 2013 was not an exception. As part of the academic program, the participants were given training on various aspects of corporate law, including dispute resolution, as well as competition law within the scope of ACTECON Day.
Upon kind invitation of Mr. Bahadir Balki from ACTECON, I was honoured to present a lecture on EU Merger Control as part of the ACTECON Day program. Inspite of the fact that the participants had different levels of knowledge of competition law and of merger control in particular, together we managed to touch upon the basics of the EU and Turkish competition laws and concentrate in more detail on merger control systems of both legislations. I was delighted to see the growing interest from the students’ side in mastering this important area of law, which is constantly evolving to meet new challenges of the business world.
For instance, the European Commission currently is in process of “reshaping” EU merger control. It has launched public consultations on potential improvement of EU merger control via (i) extending merger control rules to acquisition of non-controlling minority shareholdings (“structural links” in both horizontal and vertical relationships), and (ii) enchancing the efficiency of the case referral system for transfer of cases from the national competition authorities of Member States to the European Commission, both before and after the notification. Depending on the outcome of the public consutations, the European Commisison may either introduce the mandatory ex-ante notification system for all non-controlling minority shareholdings, or will examine only certain of the most problematic cases of structural links upon its discretion.
This could potentially be an interesting topic for discussion during ACTECON Day within the scope of 10th ELSA Istanbul Summer Law School on M&A next year!
Hanna Stakheyeva, Ph.D., Associate at SJ Berwin LLP, Brussels