On 16 March 2022 in Cairo, Egypt, members of the Arab Competition Network (the “ACN”) held their first conference to launch this new network. This alert provides a high-level presentation of the ACN, as well as an overview of its mission and goals. Background and Goals of the ACN The ACN is a product of the efforts and collaboration of the Arab League and the Egyptian Competition Authority. The ACN aims to provide a platform…
On 06/8/1441H (corresponding to 30 March 2020), the General Authority for Competition (the Authority) issued the anticipated Merger Control Guidelines (the Guidelines) that aim to provide some clarification and interpretative guidance on merger control related provisions of the Competition Law issued by Royal Decree no. M/75 dated 29/6/1440H (corresponding to 6 March 2019 (the Competition Law) and its Implementing Regulations issued by a resolution of the Board of Directors of the Authority on 25/1/1441H (corresponding…
The Board of Directors of the General Authority for Competition issued the anticipated Implementing Regulations to the new Competition Law issued by Royal Decree no. M/75 dated 29/6/1440H (corresponding to 6 March 2019). The New Law and the New Implementing Regulations became effective on 24 September 2019.
Legal Advisors, Abdulaziz Alajlan & Partners advised Mohamed Yousuf Naghi Motors Company Ltd in relation to the acquisition of all assets from Al Jazirah Vehicles Agencies Company (AJVA) in connection with the Ford and Lincoln distributorship in the western and southern regions of Saudi Arabia; and the negotiation and execution of the distribution arrangements with Ford and Lincoln.
