The Cambodia Competition Commission (“CCC”) has issued Decision on Pre-Notification Thresholds for Business Combinations dated 14 March 2023, which sets out the thresholds for Pre-Notification under the Law on Competition. The CCC has the power to amend the thresholds by written decision.
Parties to a proposed business combination are obligated to pre-notify the CCC on such proposed business combination if any of the following thresholds are met:
There is currently no guidance available to determine the scope of the businesses subject to the second and third thresholds above.
For more detail on this notification requirement, please see our earlier alert on Merger Clearance Regulations.
The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.