StandstillPeriode

Standstillperiode, or standstill period, is a term used in competition law, public procurement and corporate transactions to describe a defined period during which certain actions are restricted or suspended. The purpose is to promote fairness, stability, and the opportunity for review or remedies before further steps are taken.

In European Union public procurement, the standstill period follows the notification of the award decision. During this time the contracting authority typically may not conclude the contract or begin a framework agreement, and unsuccessful bidders have a window to challenge the decision. The period is commonly set by law or regulation and is intended to provide a chance to assess the decision and prepare any legal remedies. The minimum length is often at least 14 days, though exact durations vary by jurisdiction.

In corporate transactions, a standstill period can refer to a standstill agreement between parties, such as a target company and a potential acquirer. During this period, certain actions—such as pursuing competing bids, soliciting employees, or engaging with other bidders—may be restricted to allow negotiations to proceed and to prevent disruptive or coercive conduct. Standstill clauses are used to create a calm negotiation environment and protect the integrity of the process.

Enforceability and scope vary by jurisdiction and context. Standstill periods may be legally mandated or contractually agreed, and breach can lead to remedies or penalties, including annulment of awards or damages. The concept is closely related to cooling-off periods and to standstill or moratorium provisions in other areas of law.