In Cyprus, the Control of Concentrations Between Undertakings of 83(I) of 2014 (Law) is the new legislative instrument providing the substantive and procedural framework for the notification, assessment and clearance of concentrations between undertakings. Enacted in late June 2014, the Law repeals and replaces the previous merger control regime in place since 1999. Foreign-to-foreign mergers, acquisitions and joint ventures fall under its scope where the relevant thresholds are met. This article examines some of the key issues covered by the Law.