BKM Berkemeyer

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Paraguay merger control: 2025 CONACOM guidelines, thresholds, notification forms, review timetable, ex-ante stance, gun-jumping enforcement, fees, foreign-to-foreign coverage and sector regulators
PRACTICE NOTES
Paraguay merger control: 2025 CONACOM guidelines, thresholds, notification forms, review timetable, ex-ante stance, gun-jumping enforcement, fees, foreign-to-foreign coverage and sector regulators
NOTE—to check whether notification thresholds in Paraguay and worldwide are reached, please refer to: Where to Notify. 1. Have there been any recent developments regarding the Paraguayan merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Paraguay? Since achieving full staffing in 2016, the National Competition Commission (CONACOM) has assessed more than 101 merger filings, with only one rejected and at least eight approvals subject to remedies. Key regulatory progress includes CONACOM’s Merger Guidelines published in March 2021, which set out detailed merger control standards—such as thresholds for mergers, acquisitions of control, and joint ventures. Even so, CONACOM still advises undertaking pre-filing consultations as good practice. In May 2025, CONACOM adopted a new resolution revising and updating the Merger Guidelines and the information required for merger
Competition
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