The Competition Commission of Brunei Darussalam
Executive Secretariat Competition Commission Brunei Darussalam, Level 5, Ministry of Finance and Economy Building, Commonwealth Drive, Bandar Seri Begawan, BB3910, Negara Brunei Darussalam
+673 2383100
Brunei’s merger control provisions are found in its general competition law, Competition Order 2015. Mergers or acquisitions that have resulted, or may be expected to result, in a substantial lessening of competition within any market in Brunei Darussalam for goods or services are prohibited.
Notification of mergers or anticipated mergers to the Commission is on a voluntary basis, and the Commission has the power to approve, approve with commitments or prohibit transactions.
Brunei’s merger control provisions are found in its general competition law, Competition Order 2015, Chapter 4 and the Competition Regulations, 2020. Mergers or acquisitions that have resulted, or may be expected to result, in a substantial lessening of competition within any market in Brunei Darussalam for goods or services are prohibited.
No data available.
Document review takes 60 days and the initial plus comprehensive review of the transaction takes 90 days. As of date, no assessment procedures have been published.
Regulations dealing with parties seeking an extended transitional period to be immune from the penalty imposed to an agreement.
Under the Competition Order 2015, the notification of transactions captured by the thresholds are on a voluntary basis. The thresholds shall be set using asset value and/or sales value.
However, there are currently no notification requirements as the merger control provisions of the law and its regulation are not yet enforced.