Agenda

LAW NO. 40-21 AMENDING AND SUPPLEMENTING LAW NO. 104-12 ON PRICING FREEDOM AND COMPETITION

28/12/2022

“ 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

info@nazali.com

This document provides general information on the subject and does not constitute a legal opinion or recommendation. Consulting a specialist is recommended before taking an action. No claim arising from the content of or relating to this document can be asserted against NAZALI.