Question juridique clé
Whether a non-participating competitor has standing to appeal merger clearance under Art. 43(4) KG
Solution extraite
No. Only the merging undertakings are parties in merger review; third parties lack standing against a merger that was not prohibited or conditioned.
Motifs extraits
The Court upheld its prior case law: the special merger-control rules in the Cartel Act prevail over the general appeal rules of the Administrative Procedure Act. Third parties are not deprived of protection because they may denounce unlawful restraints and later obtain party rights if an investigation is opened.