Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Global merger control round-up—February 2023: threshold changes in Argentina and the Philippines, Canada thresholds maintained; South Korea reform plans; gun-jumping fines; other developments and FDI resources

Practice notes
imgtext

This February 2023 round-up highlights the yearly changes to merger control thresholds in Argentina, Canada and the Philippines, alongside the South Korean Competition Authority’s consultation on a draft bill to accelerate merger reviews.

Argentina—annual revision to notification thresholds

Argentina’s notification thresholds have been updated following the annual uplift in the value of adjustable units (the index applied to set these thresholds). Under the higher bars, a deal must be notified in Argentina when the parties’ combined Argentinian turnover exceeds ARS 16.255m (approximately €118.6m/US$124.9m), up from ARS 8.345m, unless:

  • the total value of the assets transferred in Argentina does not exceed ARS 3.251m (approximately €23.7m/US$24.9m);
  • the total consideration for the transaction in Argentina does not exceed ARS 3.251m (approximately €23.7m/US$24.9m); and
  • the acquirer’s group has not completed any other transaction in the same market in the previous 12 or 36 months exceeding ARS 3.251m (approximately €23.7m/US$24.9m), or ARS 9.753m (approximately €71.1m/US$74.9m) respectively.

Where these thresholds are satisfied, filing is compulsory, and must be made within one week of the earliest of: (1) signature of the merger agreement, (2) the execution of the...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
Web page updated on 21/05/2026

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow