Merger turnover threshold in Ireland raised to €100m

Threshold for businesses planning a merger to notify the State's competition watchdog has been raised from €60m to €100m

From July 1, if firms with a combined turnover of €100m wish to proceed with a merger or acquisition, the deal must be notified to the Competition and Consumer Protection Commission. The threshold was €60m up to now. Picture: iStock 

The €60m threshold above which businesses wishing to proceed with a merger or acquisition must notify the State's competition watchdog has been raised to €100m.

The raised threshold comes into effect from July 1 and is being described as a reduction in regulatory burdens.