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Merger fees

25. juni 2013

The Danish Parliament has adopted changes to the Danish Competition Act which means that from 1st August 2013 merger fees are payable for merger notifications submitted to the Competition and Consumer Authority.

The fee for a simplified notification amounts DKK 50,000. The fee for a full notification amounts 0,015 per cent of the aggregate annual turnover in Denmark of the undertakings involved.

If the merger has already been notified through a simplified notification and the payment of DKK 50,000, but the Competition and Consumer Authority has required a full notification, a full notification shall be submitted together with a fee amounting 0,015 per cent of the aggregate annual turnover in Denmark of the undertakings involved, less DKK 50,000, however maximum DKK 1,500,000.

The new merger fees are laid down in Section 12h in the Competition Act