“ The law No. 40-21 amending and supplementing Law No. 104-12 on pricing freedom and competition, was published in the Official Bulletin number 7152, Arabic version dated December 15th ,2022.
The said law no 40-21 brought many important modifications such as:
- amendments regarding the criteria according to which a transaction is considered to be a concentration,
- the cases where the Competition board may suspend the period of 60 days within which it is required to decide on the concentration,
- concentrations subject to the obligation to notify the Competition board before its implementation … ”
You can find detailed information HERE.
NAZALI TAX & LEGAL