Jurisdiction(s):
United Kingdom

Key definition

Merger control definition

What does Merger control mean? Merger control is the review of mergers, acquisitions and certain joint ventures by competition authorities to prevent anti-competitive effects and to clear, condition or prohibit deals. In the UK, it is governed by the enterprise Act 2002 (as amended). The competition and markets authority (CMA) may review completed or anticipated deals where a 'relevant merger situation' arises: enterprises cease to be distinct and either the target’s UK turnover exceeds £70m or the parties meet/increase a 25% share of supply in the UK (or a substantial part). Notification is voluntary, but the CMA can call in transactions and impose...

A practitioner guide to Romanian merger control and FDI screening (2024): thresholds, joint ventures, notification, timelines, standstill, turnover calculations, sanctions, fees; RCC and CSFDI procedures

Published by a LexisNexis Competition expert

Practice notes

Note—to check if notification thresholds in Romania and worldwide are satisfied, please refer to: Where to Notify.

1. Have there been any recent developments regarding the Romanian merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Romania?

Romania’s merger control framework last changed with the Romanian Competition Council Merger Regulation adopted on 20 July 2017 (the 2017 Merger Regulation), which marked the most recent amendments and remains the reference for current practice. By contrast, notable changes have occurred in the Foreign Direct Investment (FDI) screening sphere which, while separate from classical merger control, is highly pertinent for deals in Romania, influencing pre-closing obligations and related filings. From April 2022, a new statute governing FDI screening took effect: Government Emergency Ordinance No. 46/2022 on foreign direct investments (GEO 46/2022), which gives effect to Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 laying down a framework for screening foreign direct investments into the Union (the FDI Regulation), thereby aligning domestic rules with the Union-wide screening framework. The FDI framework was updated recently in July 2024. Before GEO 46/2022, an FDI screening was in...

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Web page updated on 21/05/2026

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