1. Is the mandatory merger control regime in force in
UAE?
Yes when consolidation would result in economic concentration,
by holding or creating a dominant position.
2. Which authority is responsible for the merger control
regime in UAE?
The Ministry of Economy is the relevant controlling authoring
for Mergers, that would result in economic concentration, by
creating a dominant position.
For businesses that do not have a dominant position, the merging
entities need to seek approval from the local registration
authority where the entities are registered. For example, if two
merging companies are registered in Dubai, they need to seek
clearance from the Dubai Economic Department, being the licensing
authority in charge of commercial companies' registration.