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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We are launching a new kind of collaboration with creative consultancy Miltton to support the clients both in managing strategic sustainability and in understanding the growing regulation, integrating it into operating methods and translating it into business goals.

Busy times ahead – Review of Finnish merger control in 2022

D&I’s annual merger control report highlights the most recent trends and developments in Finnish merger control enforcement. Although it was expected that 2021 was just calm before the storm, 2022 actually seemed to prolong the relative serenity of the Finnish Competition and Consumer Authority’s (“FCCA”) enforcement activity after some more eventful earlier years. Most of the FCCA’s activity in 2022 was in line with its enforcement practice of the previous year. For example, there were no proposals to prohibit concentrations, no declarations of incomplete notifications and no stop-the-clock decisions in 2022. However, one Phase II case in particular was burdensome for the FCCA and the parties alike, with the parties eventually modifying the transaction so that it fell outside of the jurisdiction of the FCCA. Moreover, the several legislative amendments adopted in the end of 2022 – namely lower notification thresholds and the new notification form – signal a busy 2023 for the FCCA and everyone else involved in Finnish merger control.

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