Examples of using Significant cross-border in English and their translations into Finnish
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Official
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Colloquial
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Medicine
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Financial
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Ecclesiastic
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Official/political
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Computer
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Programming
As a result, no significant cross-border activity is reported in these markets.
The respondents believe that the one-stop-shop principle should also apply to smaller operations with significant cross-border effects.
This indicates that significant cross-border barriers to e-commerce still exist within the EU.
In addition, the analysis determines in qualitative- and as far as possible in quantitative- terms whether there is a significant cross-border problem.
A project with significant cross-border impact is a project on the territory of a Member State, which fulfils the following conditions.
There are also reasons to assume that the actual number of cases notified to the NCA's with significant cross-border effects is even higher.
Many quite small companies do engage in significant cross-border business and European Court of Justice decisions make it clear that they can do so.
The Commission may inform one orseveral Member States that it considers a concentration within the meaning of paragraph 1 to have significant cross-border effects.
This most likely has the effect that a certain number of cases with significant cross-border impact do not enter the statistics of cases notified to more than one NCA.
The fact that a transaction would be notifiable in 3 ormore Member States would not necessarily mean that the transaction had significant cross-border effects.
Where a bank group has significant cross-border activities in different Member States, authorities in these countries will carefully cooperate and prepare in normal times as much as possible for sharing a potential fiscal burden.
They would seek directly to ensure a result where cases that typically involve a potentially significant cross-border effect would fall under the Commission's jurisdiction.
It therefore follows that the fact that these 364 concentrations had to be notified in more than one Member State provides, in itself,an indication that these transactions must have had a significant cross-border impact.
A recent example of a case with significant cross-border impact that failed to meet the Article 1 requirements owing to the 2/3 rule was the concentration between the Chase Manhattan Corporation and Robert Flemmings Holdings Limited.
At the same time, some cases notifiable in only one ortwo Member States might have significant cross-border effects and would not be caught.
Due to significant cross-border effects, many threats to network and information security(NIS) have the potential to cause negative cross-border externalities which cannot be effectively dealt with nationally and can cause disruptions in other countries.
As described above, the Commission's experience shows that concentrations, which meet the turnover thresholds in Article 1(2) and/or Article 1(3),generally have a significant cross-border impact.
As regards the number of Member States,the Committee Opinion on the Green Paper noted that"there are no reasons for limiting the definition of significant cross-border effects and thus the concept of"Community dimension" to cases involving a minimum of three Member States.
As indicated in the introduction, the Merger Regulation was originally intended to provide a level regulatory playing field for all mergers that could be presumed to have significant cross-border effects.
Nevertheless, even the available figures indicate that the introduction of a consistent approach, where all transactions with a significant cross-border effect were to be treated under the Community rules would have a significant impact on the Commission's resources17.
The level playing field should ensure that the same notification requirements, procedure andlegal standards apply to all concentrations with significant cross-border effects.
The fact that most of the mergers that fulfil the existing turnover requirements have significant cross-border effects cannot, however, provide an answer to the question whether the existing thresholds catch all(or even most) mergers with a Community dimension.
Unlike relatively crude turnover or“3+” type tests, this test would form a basis for focusing on cases that have a significant cross-border impact at the Community level.
In line with the objective of facilitating thereferral of cases which, due to a lack of significant cross-border effects, would be most appropriately assessed at national level, it would be reasonable to provide the Commission with the possibility to refer such cases on its own initiative.
This evidently meant that a number of concentrations that did not meet the relatively high threshold in Article 1(2), butwhich still had a significant cross-border impact did not benefit from the one-stop shop principle.
In this context, it is the Commission's stated objective to ensure that the Commission can deal with cases having a significant cross-border impact, but which are not currently caught by the turnover thresholds of Articles 1(2) and 1(3) of the Merger Regulation, whilst ensuring that Member States deal with cases whose impact is mainly national or local.
There are, however, in the Commission's view several indications that the current thresholds have as an effect that an important number of cases that have a significant cross-border impact fall outside the Community rules.
Major new elements of the proposed guidelines are(i)designation of Projects of European Interest for the projects with a very significant cross-border dimension, and(ii) designation of a European Coordinator who would be designated to contribute to efficient preparation and implementation of these projects within the agreed time frame.
We should not forget that the risks threatening this finite and non-renewable resource affect, to a greater or lesser extent, the whole territory of all the Member States of the European Union,including significant cross-border effects.
Some respondents have indicated that the requirement of significant turnover in three, rather than in two, Member States considerably reduces the applicability of Article 1(3)to transactions with significant cross-border effects.