This monthly round-up (December 2022) has seen the European Commission publish a Q&A guidance note complementing its 2021 guidance on the referral of mergers under Article 22 of the EU’s Merger Regulation, significant changes to the competition law (including an increase in the merger control thresholds) in Hungary, the approval of amendments to the merger control regime in Egypt, the launch of a consultation on amending the notification thresholds and lowering the filing fee cap in Saudi Arabia and a number of announcements made by the KFTC in relation to merger control in South Korea, including the creation of a new M&A division that will be dedicated to reviewing local and international transactions involving foreign companies.