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ARTICLE · 25 OCTOBER 2022

Finland Adopts New Merger Control Thresholds

The Finnish government has recently addressed a legislative proposal to the Finnish Parliament regarding amending the Finnish Competition Act.

FinlandAntitrust/Competition Law

The Finnish government has recently addressed a legislative proposal to the Finnish Parliament regarding amending the Finnish Competition Act.

In the summer of 2021, the Finnish Consumer and Competition Authority ("FCCA") stated that according to their study, the current national turnover thresholds allow harmful mergers to escape the scrutiny of the authority. Following this, the Finnish Ministry for Economic Affairs and Employment proposed to lower the jurisdictional thresholds for the obligation to notify concentration in Finland. In our latest article, we introduced the new merger control thresholds specified in the proposal.

According to the final proposal, a concentration needs to be notified to the FCCA if:

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