EU Merger Regulations (1989 and 2004)

Compare and contrast the first EU Merger Regulation 4064/89 (from 1989) and the second EU Merger Regulation 139/2004 (from 2004).
Provide an overview of the most important points of these European Merger Regulations and how they impact M&As. Special attention should be placed on explaining (among others):
- the one-stop shop principle
- notification tresholds
- substantive changes
- merger review time table
- phases of proceedings
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