Finland chapter for ICLG: Merger Control 2024 - Dittmar & Indrenius

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Dittmar & Indrenius
Attorneys Ltd.
Pohjoisesplanadi 25 A
FI-00100 Helsinki, Finland
+358 9 681 700
office@dittmar.fi
Business ID: 0217099-4
VAT number: FI02170994

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Written by

Ilkka Leppihalme

Partner

ilkka.leppihalme@dittmar.fi +358 400 976 679

Riikka Kanerva

Associate

Merger Control Laws and Regulations 2024 Finland chapter

The International Comparative Legal Guide to Merger Control Laws and Regulations 2024 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 also: Competition Litigation 2024 Finland chapter

Written by

Ilkka Leppihalme

Partner

ilkka.leppihalme@dittmar.fi +358 400 976 679

Riikka Kanerva

Associate

Service areas

More by the same author

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 However, 2023 saw an interesting trend emerging in all except one of the Phase II cases ending up being withdrawn by the parties.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.

Finland chapter for ICLG: Competition Litigation 2024

ICLG – Competition Litigation Laws and Regulations – Finland chapter covers common issues in competition litigation law and regulations – including interim remedies, final remedies, evidence, justification/defences, timing, settlement, costs, appeal, leniency and anticipated reforms. Read the Finland chapter we contributed.

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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