Phase II
A2CEFR level
14/100Rarity: common
TechnicalRegister
The in-depth second stage of merger review opened where a concentration raises serious competition concerns.
Serious doubts about overlaps in retail banking led the Commission to open Phase II.
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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