Please indicate whether there is a foreign direct investment review regime in your jurisdiction in relation to mergers involving foreign buyers / acquirers and kindly indicate the relevant review/regulatory body? If there is, please indicate whether there have been any foreign direct investment notifications to date. If there is no foreign direct investment regime, kindly indicate whether there are any plans announced to introduce it.
As the merger control provisions are concerned with effects on domestic markets or local entities, a purely foreign-to-foreign transaction that does not affect local market share (monopoly situation) would not be caught by merger control provisions.