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International merger control round-up (Mar–Apr 2021): EU Article 22 referrals, Italy thresholds, gun‑jumping fines, and other updates

Practice notes
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Monthly round-up of international merger control developments for March/April 2021

This edition highlights the annual changes to Italian thresholds now in effect, alongside the European Commission’s publication of fresh guidance on referrals from Member States.

Italy—revised notification thresholds in force

After its yearly assessment, the Italian Competition Authority has confirmed and implemented updated notification thresholds under Italy’s merger control rules. A filing is required where:

  • the combined Italian turnover of all parties in the preceding financial year exceeds €511m (approximately US$611m) (previously €504m); and
  • the Italian turnover of two undertakings involved in the deal in the preceding financial year exceeds €31m (approximately US$37m) (unchanged).

Where these thresholds are reached, notification is compulsory. Comment: these adjustments stem from the routine inflation-based review. See further, Italy merger control.

EU—new guidance on referrals from Member States published

The European Commission has released new guidance on the operation of Article 22 referrals...

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Web page updated on 21/05/2026

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