The form and contents of merger notifications are regulated by the Regulation on the form and content of the notification of concentration and the necessary documentation to be submitted together with the notification.
The filing form for a merger notification must contain a comprehensive summary of the transaction, including the names, registered offices, and business nature of the participants, the type of merger, and the markets involved. It should also detail the names, offices, and business nature of all participants, along with authorization for the representative submitting the notification.
The contact information for the person responsible for liaising with the Commission, if different from the notifier, must also be included. A detailed description of the concentration, specifying whether it involves full or partial control, joint control, or a joint venture, is required. Additionally, the legal documents underpinning the merger, such as merger agreements or joint venture agreements, should be provided.
The form must also include financial reports for the year prior to the concentration, covering balance sheets and profit and loss accounts, and details on the total annual income of the participants, both globally and in North Macedonia. Information on relevant product and geographic markets, market shares, and competitor analysis should be included, as well as the shareholding structure before and after the concentration.
Lists of significant shareholdings and board memberships in the relevant market must be provided, along with information on any external assessments of the concentration. The organization of the distribution network and retail sales, research and investment activities related to the concentration, and the strategic and economic reasons for the concentration should be described. The expected benefits for consumers, such as lower prices or improved quality, must be outlined.
Finally, the notification should be signed by the notifying party or their representative, include a statement confirming the accuracy and completeness of the information provided, and specify the place and date of submission.