The Finnish Competition Authority requires companies to contact the Authority before notifying new merger transaction due to COVID-19 outbreak

KEYWORDS
Reference

Finnish Competition Authority, Special arrangements merger supervision, Press Release, 16 March 2020 (Finnish)

Due to the novel coronavirus the Finnish Competition & Consumer Authority ("FCCA") has published a statement requiring companies to contact the FCCA before filing a new merger control notification and specifically agreeing with the FCCA that a notification may be filed. This requirement is not based on any legal provision but in all likelihood will be applied by the FCCA by continuing to adopt a very strict approach to declaring notifications incomplete if they have not been approved by the FCCA in the pre-notification phase. If possible, the FCCA also recommends postponing merger notifications.

PDF Version

Authors

Quotation

Päivi Tammilehto, Katia Duncker, The Finnish Competition Authority requires companies to contact the Authority before notifying new merger transaction due to COVID-19 outbreak, 16 March 2020, e-Competitions March 2020, Art. N° 94306

Visites 126

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues