On August 29th, 2017, a long-awaited reform of the Italian turnover thresholds for merger control has entered into force following publication of law N. 124 of 4 August 2017 on the Official Journal (occurred on August 14th). The new turnover thresholds are immediately applicable to all concentrations between undertakings, irrespectively of the industrial sector in which they operate. The revised thresholds will make notification required for more mergers/concentrations than before. They most likely will apply to all transactions which are set to be closed after yesterday (see below for further details on this). New thresholds More specifically, the new law introduces a new set of turnover thresholds triggering mandatory notification of mergers/concentrations to the Italian
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The Italian Parliament publishes its new turnover thresholds for merger control
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