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The Polish Government amends the national foreign investments control scheme and obliges investors from outside the EEA or from non-OECD countries to notify their transaction

LEAD: Pursuant to the recently amended Polish rules on the control of investments, the Polish Competition Authority (UOKiK) is empowered to review intended investments in Polish companies by investors who are: i) from outside of the European Economic Area, or ii) from non-OECD countries. Such investors are now obliged to notify UOKiK of intended transactions that meet the statutory thresholds provided in the new law. UOKiK may block an investment that would create a potential threat to the public order or public security of Poland. For the next two years, UOKiK will apply parallelly classical concentration control rules and the new regime for the control of foreign investments. The COVID-19 crisis has strengthened the impetus of governments to protect domestic companies against

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Grzegorz Materna, The Polish Government amends the national foreign investments control scheme and obliges investors from outside the EEA or from non-OECD countries to notify their transaction, 19 June 2020, e-Competitions Preview, Art. N° 95961

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