##  [Perú: The new merger control law has been officially published](/pt/en_GB/new/peru-new-merger-control-law-has-been-officially-published) 

# Perú: The new merger control law has been officially published





Peru - 01 / 08 / 2021





Peruvian Antitrust Alert













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**The Peruvian Congress has published Law Nº 31112 in the official gazette, establishing merger control in Peru and substituting Urgent Decree Nº 013-2019, the previous bill which had been issued by Executive Power as the first merger control law in Peru that would apply across all economic sectors.**





Essentially, both the previous as well as the new merger control law are very similar[\[1\]](#_ftn1). The main differences are the following:

- The law will enter into force within a maximum of 45 days after its publication.
- The notification thresholds will take into consideration not only gross sales or income, but also the value of assets of the companies involved in the transaction.
- The Peruvian antitrust agency (*Instituto Nacional de Defensa de la Competencia y de la Protección de la Propiedad Intelectual – Indecopi*) may act ex officio if it considers that there is reasonable criteria to conclude that the transaction may generate a dominant position or affect effective competition in the market.
- Parties may opt to notify the transaction voluntarily if the transaction does not meet the notification thresholds.
- Concentrations that involve companies from the financial system that receive deposits from the public or insurance companies, when they are in a situation that may compromise their solidity or stability (systemic risk), will only require approval from the Banking and Insurance Superintendency (*Superintendencia de Banca, Seguros y Administradoras de Fondos de Pensiones -SBS*).

  
  
---

[\[1\]](#_ftnref1) For more information regarding the merger control law, please refer to:

- [https://www.garrigues.com/es\_ES/noticia/peru-congreso-aprueba-nueva-ley-control-previo-operaciones-concentracion-empresarial](https://www.garrigues.com/es_ES/noticia/peru-congreso-aprueba-nueva-ley-control-previo-operaciones-concentracion-empresarial)
- [https://www.garrigues.com/es\_ES/noticia/peru-pleno-congreso-debatira-proximos-dias-aprobacion-nueva-ley-control-previo-operaciones](https://www.garrigues.com/es_ES/noticia/peru-pleno-congreso-debatira-proximos-dias-aprobacion-nueva-ley-control-previo-operaciones)
- [https://www.garrigues.com/es\_ES/noticia/peru-aprueba-un-decreto-de-urgencia-que-establece-el-control-previo-de-operaciones-de](https://www.garrigues.com/es_ES/noticia/peru-aprueba-un-decreto-de-urgencia-que-establece-el-control-previo-de-operaciones-de)













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