Saudi Arabia Amendments To Notification Threshold And Filing Fee

Saudi Arabia to amend notification threshold and lower filing fee cap for merger control review

The General Authority for Competition (GAC) today officially announced that they are considering two amendments to the Kingdom's merger control regime. They are proposing to increase the notification threshold from currently SAR 100 million (approx. USD 26 million) to SAR 200 million (approx. USD 52 million). Furthermore, GAC proposed lowering the filing fee cap for merger control review from currently SAR 400,000 (approx. USD 106,000) to SAR 250,000 (approx. USD 66,000). The announcement came as part of a request by GAC for public consultation on the amendments to the merger control regime. The amendments will be open for comments from the public until 4 January.