BAHAMAS

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Due to the COVID-19 pandemic, certain merger control processes may be affected. We suggest to contact our local partners for more information.
Content last updated: 16-04-2020

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  • Merger Screening

2. Establishing jurisdiction for notification of mergers

2.3 General thresholds

2.3.1 Threshold(s) for when a concentration must be notified under the general merger control regime?

There is no general merger control regime in the Bahamas.

2.4 Other national thresholds for ex ante merger control (e.g. sector-specific rules)

2.4.1 Relevant thresholds for sector-specific or other ex ante merger control rules?

The electronic communications sector is subject to merger control.

The electronic communications sector is subject to merger control. The merger control provisions of the Communications Act 2009 (CAA) apply whenever a transaction leads to a change of control. In the case of such a change, the Utilities Regulation and Competition Authority (URCA) determine:

  • Whether the change of control would have or would be likely to have, the effect of substantially lessening competition in a market in the Bahamas.
  • Whether the change of control would have an effect or would be likely to have an effect in cases of a change of control that involve a media public interest.

There are no jurisdictional thresholds.

Foreign-to-foreign acquisitions are subject to the above merger control law. No exemptions apply.

2.5 Foreign-to-foreign mergers

2.5.1 Do any exemptions, special thresholds etc. apply to foreign-to-foreign mergers, i.e. where none of the undertakings concerned is domiciled in the jurisdiction?

Please see Section 2.4.1 above.

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and last updated on 16-04-2020 by

Legal Cross Border has itself provided all input about merger control in the Bahamas. This information has been gathered and validated by our in-house lawyers to guarantee the highest quality outcome. This said, we are currently looking for a local partner to cover Merger Control Bahamas - please contact us if you would like to be our new partner.