The Estonian Ministry of Justice has proposed a plan to increase the thresholds for assessing corporate mergers by 2.5 times. The changes aim to address issues raised by the Business Advisory Council regarding competition law, as stated by Justice Minister Liisa Pakosta. She explained that the update is necessary given that the economy has grown three times since the last threshold was set.

Under the proposed changes, the current threshold for assessing mergers, which currently requires a combined turnover of 6 million euros and a minimum of 2 million euros for at least two parties involved, will be adjusted to a required combined turnover of 15 million euros while keeping the individual party turnover threshold unchanged at 2 million euros. This adjustment reflects the growing economic landscape but would bring Estonia's regulations more in line with neighboring countries such as Latvia and Lithuania, which have higher thresholds.

The existing merger control thresholds in Estonia have remained largely unchanged since 2006, highlighting the need for an update to ensure that competition law effectively addresses modern economic realities. The announcement signals a significant shift in regulatory approach that could affect corporate mergers and acquisitions in Estonia, potentially fostering a more competitive marketplace as firms navigate new compliance requirements.