Cambodia: Decision on Pre-Notification Thresholds for Business Combinations

DFDL Cambodia

6th April 2023

The Cambodia Competition Commission (“CCC”) has issued Decision on Pre-Notification Thresholds for Business Combinations dated 14 March 2023, which sets out the thresholds for Pre-Notification under the Law on Competition. The CCC has the power to amend the thresholds by written decision.

Parties to a proposed business combination are obligated to pre-notify the CCC on such proposed business combination if any of the following thresholds are met:

There is currently no guidance available to determine the scope of the businesses subject to the second and third thresholds above.

For more detail on this notification requirement, please see our earlier alert on Merger Clearance Regulations.

The information provided here is for information purposes only and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.

Contacts

David Fruitman
Regional Competition Counsel/Senior Consultant
david.fruitman@dfdl.com

Chris Robinson
Partner & Head of Cambodia Corporate and Commercial Practice
chris.robinson@dfdl.com

Vansok Khem
Partner & Deputy Head of Cambodia Corporate and Commercial Practice
vansok.khem@dfdl.com

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DFDL Cambodia

Cambodia
dfdl.com

DFDL established its headquarters in Cambodia in 1995. DFDL is licensed as an investment company by the Council for the Development of Cambodia and the Cambodian Investment Board. We are also registered as a private limited company with the Ministry of Commerce. Under these licenses and registrations, we are permitted to provide business consulting, tax and investment advisory service of an international nature.

On 1 March 2016, DFDL and Sarin & Associates joined forces and established a commercial association and cooperation in order to form a new business transactions platform to serve clients with interests in Cambodia and across the expanding ASEAN marketplace.

DFDL and Sarin & Associates have worked together for over 10 years in Cambodia. Sarin & Associates has long been recognized for providing advice to companies in Cambodia in several sectors, such as telecommunication, energy, retail, real estate, financial services, banking, etc.

Our clients are major international and Asian foreign investors in Cambodia, including large foreign and Asian financial institutions. We have been involved in major projects in Cambodia including electricity projects, aviation, telecommunications, infrastructure projects and large real estate projects.

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