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

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.

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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

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