In Part 1 of this blog we discussed the criteria for the applicability of the merger control and in Part 2 the procedure and the relevant practice of the Bulgarian competition authority.  In this final, Part 3 of the blog, we discuss the types of decisions that the CPC is empowered to take on merger […]

Should a contemplated transactions satisfy the criteria discussed at Part 1 of this post, the mandatory merger control would apply and the responsible party or parties must file a notification with the CPC. Filing must be made prior to closing/implementation of the contemplated transaction. Bulgarian competition laws do not specify an exact term for filing. […]

Introduction When you consider an investment in Bulgaria or exiting an existing investment (either an entity, a business as a going concern or a part of it, or an income generating asset) you would diligently check if the contemplated transaction would trigger the requirement for a mandatory merger filing. As a starting point, it will […]

Here are four important aspects of Bulgarian merger control that an investor may want to consider before proceeding with a contemplated acquisition of businesses or assets in our country: Merger filings are mandatory, if the specified annual turnover thresholds are exceeded. Only turnover generated in the territory of Bulgaria is relevant. Generally the party acquiring […]