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Changes to the Peruvian Merger Control Legislation

The Peruvian Government modified certain provisions contained in the Peruvian Merger Control Legislation (“MCL“), approved by Urgency Decree Nº 013-2019. Summary: Vacatio legis. On May 11, 2020, the Peruvian Government deferred the application of the MCL (originally on August 20, 2020) until March 1, 2021. Concentrations occurring prior to said date will not be subject…

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Client Alert – New Peruvian Merger Control Legislation (December 2020)

The Congress of the Republic of Peru approved, by insistence, the draft of the Law that establishes the prior control of business concentration operations, which will replace the Emergency Decree No. 013-2019, a rule that regulates the prior control of operations of business concentration (“DU“). Subject to its publication in the Official Gazette El Peruano…

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Client Alert – New Peruvian Merger Control Legislation (January 2021)

The Congress of the Republic of Peru approved, by insistence, the Law that establishes the prior control of business concentration operations (Law No. 31112), which will replace the Emergency Decree No. 013-2019, a rule that regulates the prior control of operations of business concentration (“DU“). The statute has been published in the Official Gazette on…

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