The Finnish Parliament approves the Competition Act introducing amendments to both merger and antitrust rules

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Finnish Parliament, Competition Act, 11 March 2011 (Finnish)

Finland: New Competition Act approved by the Parliament* On 11 March 2011, the Finnish Parliament approved the new Finnish Competition Act. The Act will enter into force in autumn 2011. The main amendments are the following. One of the major changes brought by the new law relates to the existing dominance test in merger control enforcement. In future, the assessment of mergers will be based on the SIEC-test. Also certain procedural rules for merger enforcement relating to the right of appeal and the implementation of the notified merger have been clarified. As for antitrust matters, the

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European Competition Network Brief, The Finnish Parliament approves the Competition Act introducing amendments to both merger and antitrust rules, 11 March 2011, e-Competitions March 2011, Art. N° 36616

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