Payet, Rey, Cauvi, Pérez Abogados

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Carlos Patron

Payet, Rey, Cauvi, Pérez Abogados

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1 Contributions by Payet, Rey, Cauvi, Pérez Abogados

Peru merger control: thresholds, control assessment, full-function JVs, foreign-to-foreign deals, filing and timelines, remedies and sanctions under the 2021 Law and 2023 INDECOPI Guidelines
PRACTICE NOTES
Peru merger control: thresholds, control assessment, full-function JVs, foreign-to-foreign deals, filing and timelines, remedies and sanctions under the 2021 Law and 2023 INDECOPI Guidelines
Note—check Where to Notify to confirm whether notification thresholds in Peru and worldwide are satisfied. 1. Have there been any recent developments regarding the Peruvian merger control regime and are any updates/developments expected in the coming year? Are there any other 'hot' merger control issues in Peru? On 30 December 2020, Peru’s Congress enacted the Merger Control Law 2021 (MCL 2021). Following the publication of supplementary regulations, it entered into force on 14 June 2021. Before this, under the Antitrust and Antioligopoly Law for the Electricity Sector 2009 (as amended) (AAL 2009), Peruvian rules required compulsory pre-notification and clearance solely for vertical or horizontal concentrations within electricity generation, transmission, or distribution. Once the MCL took effect, the AAL and Urgency Decree No 13/2019 were repealed. Among other modifications, the MCL allows the authority to review a concentration ex officio—even where thresholds are not
Competition
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