As specified in the previous edition of our Legal Newsletter, the Draft Law on the Amendments to the Competition Protection Law remains on the agenda of the Justice Commission. One significant proposed amendment is related to the provisions regarding mergers and acquisitions. In the Draft Law the section on mergers and acquisitions has been re-drafted under the title “Concentration Transactions”. Accordingly, it is proposed that the definition of “concentration” become compliant with the Council Regulation (EC) No. 139/2004. A second significant proposed amendment is the adoption of the de-minimis rule through the communiqué to be enacted by the Competition Board for the purpose of agreements and concerted practices between undertakings, as well as decisions and practices of associations of undertakings.