Merger control

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Merger control

Mergers and acquisitions that meet certain thresholds are subject to merger control in Romania, in line with both national law and the EU framework. The purpose of this review is to ensure that transactions do not significantly impede effective competition on the Romanian market.

Our team guides clients through every step of the merger control process – from the initial assessment of whether a transaction is notifiable, to preparing and submitting the notification, liaising with the Romanian Competition Council, and assisting throughout the review procedure. By combining in-depth legal knowledge with practical industry insight, we help secure timely approvals while minimizing regulatory risk.

Key features

Key features of the Romanian merger control regime include:

Authority

Reviews are carried out by the Romanian Competition Council, the competent authority entrusted with evaluating the compatibility of economic concentrations with the competitive environment.

01

Scope

Concentrations include mergers, acquisitions of control, and the creation of full-function joint ventures.

02

Thresholds

Notification is mandatory if the parties’ combined worldwide turnover exceeds EUR 10 million and at least two parties each achieve turnover of more than EUR 4 million in Romania.

03

Standstill obligation

Notifiable transactions cannot be implemented before clearance is granted (suspensory effect).

04

We ensure that clients approach merger control with clarity and certainty, helping transactions close efficiently while staying fully compliant with Romanian and EU rules.

Frequently asked questions

We focus on competition law, merger control, and foreign direct investment (FDI) screening. In short, we help companies grow safely and strategically while staying compliant with competition and investment regulations.

Not necessarily. While we frequently assist international groups, we also advise Romanian companies seeking to align with competition law requirements or prepare for complex transactions.

Yes. We work with trusted partner firms across the EU and beyond for cases involving multi-jurisdictional filings, coordinated merger notifications, or cross-border investment reviews.

Both. Many of our clients involve us early, for compliance audits or internal training, to avoid risks before they arise. But we also represent companies during investigations and proceedings before authorities.

Yes. We design and deliver tailored training sessions for management and commercial teams to help them understand and apply competition law correctly in their daily activities.