Definition
Antitrust / Merger Control
Regulatory regime requiring pre-closing approval for transactions above specified turnover or share thresholds.
Most jurisdictions operate suspensory regimes — the deal cannot close until cleared. Filings are required in any country where the parties' activities cross the thresholds, which can easily mean 5–10 filings on a mid-market deal. Diligence covers competitive overlap, market-share evidence, and filing strategy. Material antitrust risk is captured via a long-stop date and break-fee mechanic in the SPA.
See also
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