Finland chapter for ICLG: Merger Control 2022

Global Legal Group’s International Comparative Legal Guide

18th edition of ICLG’s practical cross-border insight into merger control

Posted on

8 Dec

2021

Dittmar & Indrenius > Insight > Finland chapter for ICLG: Merger Control 2022

The International Comparative Legal Guide to Merger Control Laws and Regulations 2022 covers common issues in merger control laws and regulations – including relevant authorities and legislation, notification and its impact on the transaction timetable, remedies, appeals and enforcement and substantive assessment.

Read the Finland chapter we contributed.

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A year of big reforms – Review of Finnish merger control in 2023

This annual merger control report of Dittmar & Indrenius highlights the most recent trends and developments in Finnish merger control enforcement. Important legislative amendments entered into force in 2023, and it was expected in the Government Bill that the new, lower notification thresholds would double the annual number of notifications to the Finnish Competition and Consumer Authority and make it a busy year for the authority. However, the total number of notifications did not live up to the expectations. Also, as in 2022, there were no proposals to prohibit concentrations, no declarations of incomplete notifications and no stop-the-clock decisions in 2023. However, 2023 saw an interesting trend emerging in all except one of the Phase II cases ending up being withdrawn by the parties. Furthermore, the year included some ‘first ever’ actions, for example, Finland’s first ever referral request to the European Commission under Art. 22 EUMR in a ‘below all notification thresholds’ context.

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