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Saudi Arabia: New Thresholds for Merger Filings, and New Conditional Approvals

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

Saudi Arabia’s General Authority for Competition blocks vertical merger in the gas sector for the first time

On 16 June 2022, Saudi Arabia's General Authority for Competition announced its decision to block National Gas and Industrialization Company from acquiring a majority stake in Best Gas Carrier on the basis of vertical...more

Key Developments in Saudi Arabia Merger Control: First Rejection, Review Guidelines, and New Tools

The Kingdom of Saudi Arabia’s General Authority for Competition (the “GAC”) has been ramping up its merger control activities and recently—at least initially—blocked its first transaction, signaling plans for more active...more

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