New UAE competition law ushers in new era for merger control ...Middle East

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The United Arab Emirates has recently enacted Federal Decree-Law No. 36/2023 on the Regulation of Competition (the new law), ushering in a new era in the country's competition landscape. The new law will impact entities operating in or looking to do business in the competitive landscape of the UAE. The implementing regulations to accompany the law are expected to follow in the next six months. In the meantime, the decisions and decrees that accompanied the previous law continue to be in effect.

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