The continent’s rhythm demands more, with Kelly noting, “We’re dancing to the European tune, but perhaps not catching every beat.”
A Closer Look at Process Oversights
The limelight glaringly misses the merger control process’s backstage intricacies. Critics argue that more focus could be given to the CCPC’s methodology before flagging a deal and its subsequent investigation dance.
Ryan opines that a mandatory pre-notification regime could have made the CCPC’s investigatory ballet smoother, drawing attention to instances where the “music ended before the dance could begin.”
The law’s current writing leaves companies sometimes dancing in the dark, unsure of the CCPC’s exact concerns. “It’s like performing a choreography without knowing the next step. Frustrating, to say the least,” laments Little.
In conclusion, while Ireland’s antitrust landscape undergoes a metamorphosis, it remains to be seen if the nation hits all the right notes or if it needs another rehearsal to perfect its performance.
