Introduction
Previous Clyde & Co legal updates ('The New
Federal Competition Law in the UAE', 3 December
2012; and 'The new UAE competition law: merger and
acquisition control: stay ahead of the competition!' 11
February 2013) summarised the main provisions of the United Arab
Emirates (UAE) Federal Competition Law (Federal Law No. (4) of
2012) which came into force on 23 February 2013 (UAE Competition
Law). As discussed in those updates, the legislation regulates
certain anti-competitive practices and M&A activity.
The UAE Competition Law envisaged the publication of regulations
setting out in detail the processes to be followed by parties
seeking exemptions from the rules and the notification and
clearance procedures in respect of 'economic
concentrations'. Council of Ministers' Resolution No. 37 of
2014 on the Executive Regulation of the Federal Law No. 4 of 2012
relating to Competition Regulation (Regulations) came into force on
27 October 2014. In this article
