Jurisdiction(s):
United Kingdom

Key definition

Merger control definition

What does Merger control mean? Merger control is the review of mergers, acquisitions and certain joint ventures by competition authorities to prevent anti-competitive effects and to clear, condition or prohibit deals. In the UK, it is governed by the enterprise Act 2002 (as amended). The competition and markets authority (CMA) may review completed or anticipated deals where a 'relevant merger situation' arises: enterprises cease to be distinct and either the target’s UK turnover exceeds £70m or the parties meet/increase a 25% share of supply in the UK (or a substantial part). Notification is voluntary, but the CMA can call in transactions and impose...

Cambodia Merger Control Regime: 2021 Law and 2023 Rules on Control, Joint Ventures, Thresholds including foreign-to-foreign, Notification, Standstill, Review Timelines, Sector Regulators and Sanctions

Published by a LexisNexis Competition expert

Practice notes

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1. Have there been any recent developments regarding the regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Cambodia?

Cambodia introduced a comprehensive Law on Competition (No. NS/RKM/1021/013) on 5 October 2021 (the Law), which outlaws anti-competitive mergers under Article 11. The merger control framework is elaborated in the Sub-Decree on the Requirements and Procedures for Business Combinations, issued on 6 March 2023 (No. 60 ANKR.BK) (SD 60) and fully operational from 6 September 2023. Additional particulars have been delivered through regulatory instruments and decisions. Certain sector-specific clearances are also required in regulated industries (including banking and finance), and listed companies must obtain pre-approval from the Securities and Exchange Regulator of Cambodia. Collectively, these measures constitute Cambodia’s merger control regime...

2. Under the law, is the control test the same as the EU concept of ‘decisive influence’? If not, how does it differ and what is the position in relation to ‘minority (non-controlling) shareholdings’?

Under the Law, anti-competitive mergers are prohibited by Article 11, with further detail provided by SD 60 and subsequent regulatory instruments and decisions...

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Web page updated on 21/05/2026

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