Finland Renews Its Merger Notification Form Together With New Merger Control Guidance

The Finnish Consumer and Competition Authority ("FCCA") is updating its merger notification form. The FCCA previously announced that the current form used for notifying a merger does not correspond today's needs in merger control. The planned reforms aim to make notification procedure more effective by directing resources in potentially problematic mergers or alternatively simplifying the process in unproblematic mergers.

The main reforms will involve adding a new category concerning potential competitors and the notifying party shall present its own market definition with alternative definitions. The market share limits shall be reviewed together with all realistically alternative definitions.