The Egyptian merger control regime will enter into force on 1 June 2024. In anticipation of this, the Egyptian Competition Authority has published the relevant notification forms, as well as detailed guidelines and Q&As to...more
The Egyptian pre-closing merger control regime will go into full effect on 1 June 2024. The Egyptian Competition Law was amended in December 2022 to introduce a new pre-closing merger control regime, but its enforcement was...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
White & Case Global Antitrust Merger StatPak (WAMS)—the first real-time clearinghouse for global merger notification data—has analyzed merger notifications in reporting jurisdictions around the first half of calendar year...more
9/28/2023
/ Acquisitions ,
Competition ,
Competition Authorities ,
EU ,
Global Dealmaking ,
Merger Controls ,
Mergers ,
OECD ,
Popular ,
Pre-Merger Filing Requirements ,
UK
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
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
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
Egypt is getting closer to adopting a new merger control regime that would transform the system from a post-closing to a pre-closing filing regime. The Egyptian Council of Ministers has approved a draft proposal to amend...more
The Egyptian Competition Authority recently published the first Egyptian guidelines on the process for obtaining amnesty or leniency from criminal prosecution for antitrust cartel violations, signaling the agency's intent to...more
8/3/2020
/ Amnesty ,
Antitrust Violations ,
Cartels ,
Competition Authorities ,
Confidential Information ,
Criminal Antitrust Litigation ,
Criminal Prosecution ,
Egypt ,
New Guidance ,
Risk Assessment ,
Whistleblowers
The Kingdom of Saudi Arabia's new competition regime has gone into effect with potentially significant implications for businesses which are active in the Kingdom and those considering transactions with a Saudi component. The...more
11/12/2019
/ Abuse of Dominance ,
Acquisitions ,
Anti-Competitive ,
Commodities ,
Competition Authorities ,
Criminal Penalties ,
Extraterritoriality Rules ,
Fines ,
Horizontal Agreements ,
Infringement ,
Merger Controls ,
Mergers ,
Multinationals ,
Pre-Merger Filing Requirements ,
Premerger Notifications ,
Price-Fixing ,
Sales & Distribution Agreements ,
Saudi Arabia ,
Vertical Agreement
Recent merger enforcement activities by the Egyptian Competition Authority ("ECA") raise warning signs for businesses operating in Egypt. The ECA has been turning to allegations of anticompetitive conduct to intervene in...more