Words / C / Law

concentration

noun/ˌkɒnsnˈtreɪʃn/

A2CEFR level
10/100Rarity: common
TechnicalRegister

A merger, acquisition or full-function joint venture that brings about a lasting change of control, reviewable under the EU Merger Regulation.

A full-function joint venture qualifies as a concentration with a Community dimension.

Similar: merger, combination

Topic: Competition & antitrust in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Competition & antitrust