Over the past year, antitrust regulators in the Middle East have implemented significant changes to the local competition law regimes, with a new competition law coming into effect in the United Arab Emirates and substantial changes being made to the applicable merger control regimes in the Kingdom of Saudi Arabia (KSA) and Egypt. Competition law enforcement has also continued to intensify in the KSA and Egypt, as well as in other key emerging markets in the GCC. During this 2-hour seminar, we will provide an update on the latest key competition law developments and what to expect on the horizon as well as compliance tips and pointers.

The General Authority for Competition in Saudi Arabia has recently issued new guidelines aimed at promoting competition in the supply and sale of school uniforms and related items. The guidelines cover all relevant equipment, including school uniforms, desks, and chairs, among other necessary supplies. These guidelines are part of the Authority’s continued effort to enhance consumer protection in the Saudi market and Competition Law in Saudi Arabia.

In recent years, competition law enforcement has intensified in key emerging markets with significant developments in other developing countries. It is vital for companies to remain compliant with applicable antitrust laws and continue their commercially independent behavior. In this webinar, we provided the latest key antitrust and competition developments for the past year in emerging markets in Europe, Middle East and Africa and strategized for what is on the horizon.

The General Authority for Competition (“Authority”) recently published its annual report for 2023. This latest annual report indicates an unprecedented level of activity by the Authority and confirms the magnitude of the enforcement actions taken by the Authority to ensure compliance of the Competition Law in Saudi Arabia.

In recent years, competition law enforcement has continued to intensify in key emerging markets in the EMEA region. In our 60-minute “quick hits” webinar, we will provide an update on the latest key competition law developments, compliance tips, and pointers on what is on the horizon. The webinar will take place on Wednesday, 10 July 2024 at 15:00 BST / 16:00 CEST for one hour.

On 28 September 2023, the United Arab Emirates (UAE) issued Federal Law No. 36 of 2023 (“New Competition Law”), which repealed and replaced Federal Law No. 4 of 2012. The New Competition Law signals a new era of enforcement by the UAE Ministry of Economy by providing a functional competition regime through, inter alia: extending a wider scope of application to almost all economic activities; expanding its mandate by prohibiting new conducts and introducing a new dominance test; and finally introducing administrative penalties and stricter financial penalties. The New Competition Law will officially enter into force on 28 December 2023, with the executive regulation to be published within six months thereafter.

On 1 November 2023, the Board of the General Authority for Competition announced that new financial thresholds would apply to determine whether a transaction is reportable to the Authority. By implementing such change, the aim of the Authority is to provide further clarity on the local nexus test required for a transaction to be notifiable to the Authority and to align the Saudi merger control regime further with international standards.

In our 60-minute webinar on 14 March 2023 at 3:00pm CET, we’ll help in-house counsel and competition leaders track what to keep top of mind for 2023 in emerging markets, including Morocco, Egypt, Turkey, South Africa and Saudi Arabia. We’ll also provide practical takeaways to help navigate the new landscape.

DOWNLOAD ALERT On 25/1/1441H (corresponding to 24 September 2019), the Board of Directors of the General Authority for Competition (the “Authority”) issued the anticipated implementing regulations (the “New Implementing Regulation”) to the new Competition Law issued by Royal Decree no. M/75 dated 29/6/1440H (corresponding to 6 March 2019 (the “New…