Portuguese Antitrust, Merger Overhaul Set For Saturday

Law360, New York (July 5, 2012, 7:31 PM EDT) -- A law overhauling Portugal's competition enforcement is set to take effect Saturday, giving the country's antitrust watchdog more autonomy and authority and changing the regime's merger notification thresholds.

The measure, which replaces the country's 2003 competition reforms as well as a 2006 measure laying out its leniency program, is part of Portugal's overall efforts to improve its economy in exchange for the €78 billion ($96.7 billion) bailout it received from the International Monetary Fund in 2011. The law is designed to bring Portugal's competition regime more...
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