Merger Control Laws And Regulations Finland 2023

1.1 Who is/are the relevant merger authority(ies)?

The Finnish Competition and Consumer Authority (Kilpailu- ja kuluttajavirasto, the "FCCA") bears primary responsibility for enforcing and applying the merger control provisions included in the Finnish Competition Act (Kilpailulaki, No. 948/2011, the "Competition Act"). The FCCA functions as the investigative authority in merger control proceedings by reviewing and approving concentrations (with or without commitments). It can also submit a proposal to the Market Court to prohibit a concentration.

Thus, the Market Court is the second relevant merger authority in Finland. Unlike the FCCA, it is empowered to prohibit concentrations (the FCCA and the Market Court are jointly referred to as the "Finnish merger authorities" herein where relevant).