March 31, 2025 marks the first day of implementing the UAE's mandatory and suspensory new Competition Law regime, which entered into force in 2023 and was supplemented by a Ministerial Decree earlier this year. As of today,...more
The United Arab Emirates enacted a new competition law in December 2023, which revamped the country's merger control regime and adopted a turnover-based threshold in addition to a market-share threshold... The UAE government...more
The General Authority for Competition imposed significant fines against two companies for failing to submit a merger control filing for an economic concentration that meets the notification thresholds. The fines come on the...more
Saudi Arabia's General Authority for Competition recently announced key changes to its merger control notification thresholds, adding a new local nexus test and a new minimum turnover threshold for the acquired entity. This...more
On 29 March 2023, Saudi Arabia's antitrust regulator increased the minimum turnover threshold for merger control filings from 100 million to 200 million Saudi Riyals, which should reduce the number of unnecessary...more