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At the Ministry of Economy,

We Aim to Combat Dominance and Economic Concentration

The Ministry of Economy controls, monitors and regulates commercial practices and prevents practices that may prejudice, restrict, or prevent competition, in order to promote business environment and investment climate in the UAE markets. To this end, the Ministry follows up on commercial practices in markets and responds efficiently and effectively to any requests submitted regarding the possibilities of domination. The ministry also monitors economic concentration of various economic activities within the UAE according to the procedures for implementing Federal Law No (36) of 2023 on the Regulation of Competition.

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The Process of Economic Concentration Requests

Businesses operating in the UAE shall submit applications for economic concentration to the Competition and Consumer Protection Department of the Ministry of Economy. The department examines the application in a formal and objective manner to ensure that the acquisition or merger will not lead to the dominance or control of an organisation within the UAE markets at rates exceeding the percentages specified in the relevant decisions and laws. The Ministry is keen to involve all competent entities to investigate the best procedures to deal with the submitted requests in a way that benefits all parties. The Ministry of Economy received three applications for economic concentration in 2020.

The Ministry of Economy Takes Decisions Regarding Applications for Economic Concentration

The Ministry of Economy investigates the request for economic concentration and verifies the supporting information and documents to take the appropriate decision in accordance with the provisions of Federal Law No. 4 of 2012 on the Regulation of Competition, as follows:

Approve the economic concentration process if it has no adverse impact on competition, or if it has positive effects that exceed the negative effects on competition.

Approve the economic concentration process, provided that the relevant organisations undertake to comply with the conditions and obligations established by a decision by the ministry.

Reject the economic concentration process.

Submit Comments to an Economic Concentration Application

Pursuant to Article (13) of Federal Decree-Law No. (36) of 2023 Regulating Competition, and Articles (15) and (16) of its Executive Regulations, the Ministry of Economy and Tourism publishes this summary of economic concentration applications to enable interested parties to review the information and submit any relevant information, comments, or objections concerning the potential impact of the transaction on competition in the relevant markets.

This summary is based on the information and data provided by the parties to the economic concentration application, who bear sole responsibility for the accuracy and completeness of such information. The Ministry assumes no responsibility for any incorrect or inaccurate information contained herein.

The Ministry will treat all information and comments submitted to it in accordance with the confidentiality provisions set out in Federal Decree-Law No. (36) of 2023 Regulating Competition and its Executive Regulations. No confidential information will be disclosed except to the extent permitted by law.

 The submission of comments or objections does not confer upon the submitting party the status of a party to the proceedings for the assessment of the economic concentration application, nor does it suspend or extend any statutory time limits applicable to the review and determination of the application. The publication of this summary shall not, under any circumstances, be construed as constituting approval of the economic concentration application.

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