Through exempt resolution No. 157, dated March 25, the National Economic Prosecutor (FNE) adjusted and set new thresholds to determine the provenance of notification of mergers.
The resolution of the FNE updates these thresholds in the following way:
a) Individual sales: In Chile, separately, at least two of the economic agents that plan to concentrate have generated sales, during the year prior to the one in which the notification was verified, amounts equal to or greater than UF 450,000 (US $ 19.4) millions).
b) Joint sales: The sum of sales in Chile of the economic agents that plan to concentrate has reached, during the year prior to that in which the notification is verified, amounts equal to or greater than UF 2,500,000 (US $ 107.6 million) .
This amount will take effect during June, when 90 days have passed since its publication in the Official Journal (procedure still pending), and will be adjusted annually in accordance with the variation in real GDP.
For more information, please check the following Newsletter (Spanish)