Merger Control In Cyprus

Legislation and authority

This commentary provides a high-level overview of the merger control rules in Cyprus, as set out in the Control of Concentrations between Undertakings Law (L. 83(I)/2014) (the "Law"). As such, it summarises the main provisions of the legal framework and the applicable thresholds, offering a basic understanding of how certain transactions — referred to as concentrations — are assessed and monitored in Cyprus.

The Control of Concentrations between Undertakings Law (L. 83(I)/2014) is the main piece of legislation regulating the control of concentrations in Cyprus. Enforcement of the said Law, rests with the Commission for the Protection of Competition (the "CPC"), which is the competent authority responsible for overseeing and applying the provisions of the Law.