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
The tidal wave of antitrust activity throughout the Middle East & North Africa is expected to continue rising in 2023, as several jurisdictions across the region have started to amend their competition laws, introduce new...more
1/30/2023
/ Acquisitions ,
Africa ,
Antitrust Provisions ,
Competition ,
Cross-Border ,
Egypt ,
Enforcement Actions ,
Jordan ,
Kuwait ,
Lebanon ,
Legislative Amendments ,
Merger Controls ,
Mergers ,
Middle East ,
Morocco ,
Notification Requirements ,
Saudi Arabia