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International merger control: Irish notification procedure changes, Italian and Swiss SIEC moves, Portuguese simplification, and Chinese failure-to-notify fines (Nov–Dec 2021)

Practice notes
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This month has brought, amongst other developments, changes to Ireland’s merger notification process, approval by the Italian Council of draft proposed competition law reforms (including amendments to Italy’s merger control regime), and the launch of a consultation in Switzerland to modernise, amongst other things, its merger control rules.

Ireland—changes to the procedure for notifying mergers

On 17 November 2021, Ireland’s Competition and Consumer Protection Commission (CCPC) announced revisions to the procedure for notifying mergers and acquisitions to the CCPC. These take effect from 1 December 2021. In essence, there are five changes:

  • Where a merger or acquisition concerns overlapping products or services (eg competitors combining), parties must, under sections 4.8, 4.9 and 4.10 of the revised Merger Notification Form, provide the names and email addresses of their top 20 largest customers, suppliers and competitors. This represents a fourfold increase from the previous top five customers, suppliers or competitors
  • Notifications, including supporting documentation, may only be submitted electronically and not in hard copy or by fax
  • The ‘window’ for submission to the CCPC of notifications will be shortened to 09.00 to 15.00 (Irish time) Monday to Friday inclusive (excluding public holidays)...
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