The United Arab

Emirates (the UAE) promulgated

legislation to specifically address the regulation of competition (being

Federal Law 4 of 2012, or the Competition

Law) several years ago but until recently, it has been the case that the

requisite implementing regulations and processes were not in place. This is no

longer the case. Not only have the much anticipated implementing regulations

been issued, the UAE Ministry of Economy (the Ministry) (being the regulator in charge of administering the UAE

competition regime) has now formed the required committee and issued the

anticipated guidance and forms to allow concerned parties to make merger

clearance submissions to the Ministry where required to do so pursuant to the

Competition Law. 

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