Economic Concentration – Jordanian Competition Law

On August 2002, Jordan has adopted the first Competition Law, which was issued as a provisional law under the number 49/2002 and replaced by the current law number 33 for the year 2004. The Competition Law identified the relevant competition bodies in Jordan and tackled several issues related to competition. The main segments of the law cover anticompetitive collusions, abuse of dominant position, regulating mergers and acquisitions, and ensuring fairness of economic transactions.

The Competition Directorate at the Ministry of Industry & Trade was established in 2002 and entrusted with certain powers to execute and enforce the competition in. In addition to its role in the general competition plans and legislations, the Competition Directorate plays major role in promoting, protecting and encouraging free competition as well as issuing opinions on matters related to its activities. It is also empowered to gather information to uncover practices that restrict and