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What are applicable fees for prior notification of a merger?

 

Three levels of notification fees apply:
  • A base rate (Phase I): €7.500; €15.000; or €25.000, depending on the turnover of the involved undertakings;
  • An in-depth investigation rate (Phase II): an additional fee corresponding to 50% of the applicable base rate;
  • An ex officio procedure rate: the applicable base rate is doubled.
Pursuant to art. 94 of Law no. 19/2012, of 8 May (Portuguese Competition Act), and under Regulation no. 1/E/2003, of 25 July, payment must be done in favor of the Portuguese Competition Authority at IGCP. Please contact the team for detailed payment instructions.
Please note that notifying parties are responsible for any fees related to bank transfers done in a merger control notification.