22 September 2023
Share Print

Irish Merger Control Rules Strengthened under New Legislation

To The Point
(4 min read)

Dealmakers in Ireland will need to familiarise themselves with new powers that are soon to become available to the Competition and Consumer Protection Commission ("CCPC") when they examine mergers and acquisitions. On 27 September 2023, the Competition (Amendment) Act 2022 (the "Act") will come into operation, significantly enhancing the CCPC's enforcement toolkit in a few key ways:

1. The Power to 'Call-in' Notifications of 'Below-Threshold' Transactions
2. The Power to impose 'Interim Measures'
3. The Power to Issue Requirements for Information to 3rd Parties
4. The Power to Unwind/Dissolve Transactions
5. Expansion of the Existing 'Gun Jumping' Offence

Next steps

For further information on the Act and Irish merger control please contact Eoghan Ó hArgáin, Head of EU, Competition & Procurement in Addleshaw Goddard (Ireland) LLP.

To the Point 

Subscribe for legal insights, industry updates, events and webinars to your inbox

Sign up now