Upon notification, parties must wait for decision for 4 weeks, but if second phase inquiry opened, parties must wait for decision for an additional 13 weeks. There is an obligation to notify the Anti-Monopoly Office of the intention to merge within 14 days from the execution of the Act binds that obligation with. Upon notification to the Minister, the Minister has 50 days to refer transaction to the Competition Council. If referred, Competition Council has 30 days to report to the Minister. After the Minister has been notified by the Competition Council, the Minister has an additional 15 days to make decision.
Transaction is ineffective until clearance granted.
Notice required within 15 days of registration of transaction. Transactions concluded without approval invalidated by Federal Anti-Monopoly Agency. The Act applies to any merger where at least one party carries on business activities in Sweden or where an undertaking carrying on activities in Sweden is affected. Notification is submitted to the Competition Authority. Following submission of a completed notification, the Competition Authority has thirty days to either issue a clearance decision or a decision to initiate a special investigation.