When 10 new accession states join the EU on 1 May, far-reaching procedural reforms of European competition rules will take effect, alongside a new EC merger control regime. Simon Neill looks at the implications for European business
April 29, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
On 1 May, an additional 10 countries will join the European Union (EU). This will increase the geographic size of the EU by about 40% and extend its borders to Russia.
While the road to EU enlargement has been long and tortuous, it has resulted in the creation of one of the largest single free markets in the world, serving a total population of some 450 million. Bulgaria and Romania are scheduled to accede in 2007, with Croatia and Turkey both seeking to join the queue.
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