NOTE—to see whether notification thresholds in Paraguay and throughout the world are met, see further: Where to Notify. 1. Have there been any recent developments regarding the Paraguayan merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Paraguay? Since becoming fully staffed in 2016, the National Competition Commission (the CONACOM) has reviewed over 101 merger notifications,, approving all but one. At least eight of these approvals were subject to conditions. Notably regulatory developments include CONACOM’s publication of its Merger Guidelines on March 2021, which introduced detailed standards for merger regulation—eg defining thresholds for mergers, acquisitions of control and joint ventures. Nevertheless, CONACOM’s continues to recommend pre-filing consultations as a best practice. In May 2025, CONACOM issued a new resolution updating and modifying the Merger Guidelines and the requirements for filing merger notifications. The new Merger Guidelines, which repealed the previous version, introduced two types of merger notifications: (1) the Ordinary Notification Form and (2) the Simplified Notification Form. This distinction aims to streamline and adapt the