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ARTICLE · 16 OCTOBER 2018

Irish Merger Control Thresholds To Increase From 1 January 2019

Under Irish merger control rules, mergers or acquisitions which meet certain financial thresholds require competition clearance from the Competition and Consumer Protection Commission (CCPC).

IrelandCorporate/Commercial Law

Under Irish merger control rules, mergers or acquisitions which meet certain financial thresholds require competition clearance from the Competition and Consumer Protection Commission (CCPC).

As of 1 January 2019, the financial thresholds for triggering a requirement for competition clearance will be that, in the most recent financial year:

  • the aggregate turnover in the State (i.e. the Republic of Ireland) of the undertakings involved is not less than €60 million; and
  • the turnover in the State of each of two or more of the undertakings involved is not less than €10 million.

This is an increase on the current thresholds which are that, in the most recent financial year:

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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