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International merger control—April 2025: threshold revisions, JV exemptions, control guidance, call-in powers, gun-jumping fines and FDI updates

Practice notes
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This month has brought: proposals from the Federal Executive to the Chamber of Senators to reform Mexico’s Competition Law (including merger control); annual technical adjustments to merger control thresholds in the Philippines and Tajikistan; an important update to Poland’s merger guidance removing notification obligations for extraterritorial joint ventures (JVs) with no effect in the Polish market; and the publication of updated national merger guidelines in Saudi Arabia that clarify notification thresholds, explain the concept of control, set out exemptions for certain JVs, and confirm the validity period for clearance decisions.

Mexico—changes to competition law presented by the Federal Executive

On 24 April 2025, it was announced that the head of the Federal Executive had formally sent on to the Chamber of Senators the Initiative with a Draft Decree (Draft Decree) to amend, add and repeal various provisions of the Federal Economic Competition Law (the Bill), thereby starting the legislative process. The Draft Decree proposes far‑reaching amendments to the Federal Economic Competition Law. With respect specifically to merger control matters, there are two proposals: (i) extending the period for investigating unlawful concentrations from one to three years; and (ii) reducing the monetary thresholds. The table below sets out current and the...

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