Merger control in Peru: Ex-officio investigation, killer acquisitions and a new threshold

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Merger control is an essential element for any effective competition system, regardless of geography. Although recommended by the Organization for Economic Co-Operation and Development (OECD) on several occasions,[1]  a merger control regime eluded the Peruvian market up until 2021,[2] when – after several bills failed in Congress – Law N° 31112 was finally enacted in January 2021. This law and its regulation approved by Supreme Decree N° 039-2021-PCM comprise the merger control framework for Peru.[3]

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