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ARTICLE · 20 FEBRUARY 2026

Mergers And Acquisitions Legislation Updated

Gide Loyrette Nouel A.A.R.P.I.
Gide Loyrette Nouel A.A.R.P.I.
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Gide Loyrette Nouel A.A.R.P.I.

Gide Loyrette Nouel A.A.R.P.I.

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The Communiqué on Amendments to the Communiqué on Mergers and Acquisitions Requiring Approval from the Competition Board (the "Amended Communiqué"), amending Communiqué No 2010/4, was published in the Official Gazette...

FranceCorporate/Commercial Law

The Communiqué on Amendments to the Communiqué on Mergers and Acquisitions Requiring Approval from the Competition Board (the “Amended Communiqué”), amending Communiqué No 2010/4, was published in the Official Gazette dated 11 February 2026 and numbered 33165 and entered into force on the same date.

The update introduces significant changes to (i) turnover thresholds, (ii) the special regime applicable to technology undertakings, (iii) joint venture coordination assessment, and (iv) the notification form and ongoing review procedures.

Below is a summary of the key updates by the Amended Communiqué:

INCREASE IN TURNOVER THRESHOLDS1

The main amendment introduced by the Amended Communiqué is the increase in turnover thresholds triggering approval by the Competition Board (the “Board”). In this context, the thresholds stipulated in the former regulation have been increased by three to four times and are determined as follows:

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