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Phase I proceedings, in principle, final for one month, counted from the date an entire notification is filed with the CNMC. The most interval for Phase II proceedings is 2 months, counted from the date the CNMC decides to open a Phase II review. That the aggregated turnover in Spain of the events to the concentration exceeds €240 million within the previous accounting 12 months, if at least two of the events to the concentration every have an individual turnover exceeding €60 million in Spain. Understand your clients’ methods and essentially the most urgent points they're facin The most period is prolonged for 15 extra days if commitments are submitted in Phase II . Where the notifying celebration submits commitments (this chance exists during the 20-day period after the filing), the Phase I statutory most interval is extended by 10 additional days.

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