The New Jordanian Merger Control Regime. One Year In

In July 2022, the Jordanian government announced new amendments to the Jordanian Competition Law, Law 33/2004 (Competition Law). Most notably these included the introduction of turnover based notification thresholds in addition to the existing market share based notification thresholds for as well as explicitly including foreign-to-foreign transactions as caught by the Jordanian merger control regime. In March 2023, the Jordanian Parliament approved and adopted these amendments and passed the Competition Law. Subsequently—in August 2023—the Council of Ministers issued Decision 43223/2023 (Decision 43223/2023), which included defined the new turnover based notification thresholds.