Stories
The pandemic could have resulted in more businesses coming up for sale, but it hasn’t happened – or not yet. Instead, the CCPC has seen merger cases dry up as health restrictions ebbed and flowed.
The Competition and Consumer Protection Commission (CCPC) has received 38 notifications of mergers this year, down from 47 in 2019. 2020 offers a rare occasion to compare like with like. The turnover threshold for notifiable mergers increased from €3 million to €10 million at the start of last year, restricting the number of cases subject to competition scrutiny. From next year, the CCPC expects more deals centred on the UK and Ireland markets to land on its desk as a result of Brexit, once competition concerns straddling the Irish sea are no longer referred to Brussels for examination at EU…
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