Argentina: National Antitrust Tribunal's update of adjustable unit values for merger control thresholds and antitrust fines (Resolution No. 6/2026) entered into force

On 17 January 2026, Resolution No. 6/2026, adopted by the National Antitrust Tribunal, entered into force, updating the value of the Adjustable Unit used for merger notification thresholds and the calculation of fines under Antitrust Law No. 27.442. The Resolution, published in the Official Gazette on 16 January 2026, updates the unit of account in line with the annual variation of the Consumer Price Index for 2025, as required by Article 85 of the Law. From the entry into force, the Adjustable Unit is set at ARS 1'450.05. As a result, the mandatory merger notification threshold is set at ARS 145'005'000'000 for transactions in which the aggregate turnover generated in Argentina by the parties exceeds 100'000'000 Adjustable Units. The de minimis exemption applies where the local assets of the target and the local transaction value each do not exceed 20'000'000 Adjustable Units, equivalent to ARS 29'001'000'000. Finally, theResolution also updates the maximum fine for anticompetitive conduct to 200'000'000 Adjustable Units, or ARS 290'010'000'000, where turnover-based or benefit-based calculation methods are not applicable.