Merger control: Country Q&A tool

Search the Country Q&A in the Competition Global Guide: Merger Control section by question and jurisdiction.

Step 1: Check the boxes to select the questions and the jurisdictions for comparison.
Step 2: Click the "submit" button.
Step 3: Scroll down to view answers and check law stated dates for each jurisdiction.

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Regulatory framework

1. What (if any) merger control rules apply to mergers and acquisitions in your jurisdiction? What is the regulatory authority?
 

Triggering events/thresholds

2. What are the relevant jurisdictional triggering events/thresholds?
 

Notification

3. What are the notification requirements for mergers?
 

Procedure and timetable

4. What are the applicable procedures and timetable?
 

Publicity and confidentiality

5. How much information is made publicly available concerning merger inquiries? Is any information made automatically confidential and is confidentiality available on request?
 

Rights of third parties

6. What rights (if any) do third parties have to make representations, access documents or be heard during the course of an investigation?
 

Substantive test

7. What is the substantive test?
 
8. What, if any, arguments can be used to counter competition issues (efficiencies, customer benefits)?
 
9. Is it possible for the merging parties to raise a failing firm defence?
 

Remedies, penalties and appeal

10. What remedies (commitments or undertakings) can be imposed as conditions of clearance to address competition concerns? At what stage of the procedure can they be offered and accepted?
 
11. What are the penalties for failing to comply with the merger control rules?
 
12. Is there a right of appeal against the regulator's decision and what is the applicable procedure? Are rights of appeal available to third parties or only the parties to the decision?
 

Automatic clearance of restrictive provisions

13. If a merger is cleared, are any restrictive provisions in the agreements automatically cleared? If they are not automatically cleared, how are they regulated?
 

Regulation of specific industries

14. What industries (if any) are specifically regulated?
 
15. Has the regulatory authority in your jurisdiction issued guidelines or policy on its approach in analysing mergers in a specific industry?
 

Joint ventures

16. How are joint ventures analysed under competition law?
 

Inter-agency co-operation

17. Does the regulatory authority in your jurisdiction co-operate with regulatory authorities in other jurisdictions in relation to merger investigations? If so, what is the legal basis for and extent of co-operation (in particular, in relation to the exchange of information, remedies/settlements)?
 

Recent mergers

18. What notable recent mergers or proposed mergers have been reviewed by the regulatory authority in your jurisdiction and why is it notable?
 

Proposals for reform

19. Are there any proposals for reform concerning merger control?
 
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