The EU merger control measures were adopted in 1990 and amended in 2004. Which of the following is not a characteristic of this measure?

Question

Quizplus · Accepted Answer

The EU merger control measures, while often criticized for various reasons, are not accurately described by the options A, B, or C. The process is designed to be thorough, which can be time-consuming and involve significant administrative effort, but it is not inherently characterized as "very slow, laborious and administratively expensive." The regulations are designed to adapt to the complexities of market dynamics, thus they are not "highly inflexible." The control is not considered "weak" as the EU has a history of strict enforcement of its merger regulations to prevent anti-competitive practices.

The EU Merger Control Measures Were Adopted in 1990 and Amended