The General Authority for Competition ("GAC") has now issued revised Economic Concentration Review Guidelines (the "New Guidelines"). The New Guidelines set out GAC's approach to the requirement to notify qualifying mergers, acquisitions and joint ventures (the "Merger Notification Requirement"), as set out in Article 7 of the Saudi Competition Law (the "Competition Law"), superseding its previous Merger Review Guidelines (the "Previous Guidelines"). It is important to note that neither the New Guidelines nor the Previous Guidelines impose any obligation on GAC in relation to the implementation or interpretation of the Competition Law and its implementing regulations. Although much in the New Guidelines remains the same as in the Previous Guidelines, there are some substantive changes.

Download PDF