Welcome to this
month’s Law Update
Welcome to this special edition dedicated to one of our fastest growing regional practices Competition & Antitrust.
As a result of the growing number of competition regime changes in the region, the competition authorities of several Arab countries have started collaborating to detect violations in the region. In March 2022, the Arab Competition Network (ACN) was launched in Cairo to coordinate collaboration efforts among the competition authorities of 17 Arab countries namely Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, the Kingdom of Saudi Arabia, Sudan, Tunisia, United Arab Emirates and Yemen.
The existence of such a regional network is promising and it will be interesting to see the role the ACN may play in advocating for a harmonized framework of its members' regulatory practices.
In this issue, our intro article “Surge of Merger Control in the Middle East” takes us through the evolution of the newly revamped competition regimes in the region and what it means to businesses and global deals.