/ Britcham Chilean legal report 2019: merger control in Chile18 November, 2019
MERGER CONTROL IN CHILE: ASSESSMENT OF THE NEW MANDATORY NOTIFICATION REGIME
A bit more than two years ago, on 1 June, 2017, a new, mandatory, premerger control regime entered into force in Chile, replacing the old voluntary filing system. The premerger control system makes it mandatory to notify any projected transaction to the National Economic Prosecutor’s Office (FNE) when certain turnover thresholds are exceeded. The FNE will then examine whether the transaction substantially reduces competition in the market.
Ximena Rojas and Felipe Cousiño