Jurisdiction(s):
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May/June 2021 global merger control round-up: Peru’s new mandatory pre-merger notification regime; Finland’s proposed lower thresholds; gun-jumping fines; other developments and FDI updates

Published by a LexisNexis Competition expert

Practice notes

This month marked the commencement of Peru’s new mandatory pre‑merger notification regime, and a call for lower notification thresholds in Finland...

Peru—new mandatory pre-merger notification regime enters into force

Peru’s mandatory pre‑merger notification system is now in force. Where the thresholds below are reached, a filing in Peru is required and completion must be stayed until approval is granted:

the parties together must have an aggregate turnover in Peru of at least PEN 519.2m (around €110.8m/US$135.7m); and
at least two parties must each have turnover in Peru of at least PEN 79.2m (around €16.9m/US$20.7m).

Note – these thresholds are tied to multiples of the Peruvian Tax Reference Unit (UIT), which is updated annually; the amounts above reflect the UIT’s current value.

The current multi‑purpose market regulator, INDECOPI, will oversee the new merger control framework. Where the thresholds apply, deals must be notified and closing halted pending clearance. INDECOPI also retains discretion to review transactions that fall below the thresholds if it considers there is reasonable evidence the deal could create a dominant position or any...

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Web page updated on 21/05/2026

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