Jurisdiction(s):
United Kingdom

Global merger control: August 2023—Australia considers mandatory regime; Ireland guidance; Russia transaction-value threshold; Ukraine reforms; Uzbekistan threshold changes; gun-jumping fines; EU procedural simplification takes effect

Published by a LexisNexis Competition expert

Practice notes

This month has brought reports on potential thresholds for a planned mandatory merger control regime in Australia, together with an announcement by the Australian government of a review of competition law (including merger control) and the creation of a Competition Taskforce, the Competition and Commission Protection Commission in Ireland issuing fresh merger guidance ahead of commencement of the Competition (Amendment) Act 2022, the arrival of a new transaction value threshold in Russia, the Ukrainian Parliament approving reforms to the competition law regime, including as regards merger control, and changes to merger control thresholds in Uzbekistan.

Australia—reports of possible introduction of mandatory merger control regime; government also announces review of competition laws and sets up a taskforce

There are two items to note from Australia. First, material reportedly obtained from the Australian Competition and Consumer Commission (ACCC) under Freedom of Information points to deals involving companies with turnover above AUD$400m, or a transaction value exceeding A$35m, triggering a mandatory filing with the ACCC under suggested changes to the Australian merger notification regime. It is still not defined what kind of turnover would meet the proposed threshold(s), and the scope of that test remains to be clarified at this point in time...

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Web page updated on 21/05/2026

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