New UAE antitrust legislation in force from February 2013

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New UAE antitrust legislation in force from February 23, 2013 — six-month grace period before enforcement - .PDF file.

On 23 October 2012, the United Arab Emirates enacted its Federal Competition Law (Federal Law No. (4) of 2012), which laid down new rules on anti-competitive agreements, merger control and abuse of dominance. The UAE currently partially addresses competition regulation by means of the Commercial Code and the Consumer Protection Law, although it does not have merger control regulation. The FCL represents the UAE’s first attempt to comprehensively regulate anti-competitive behaviour, and implementing regulations are expected to provide further detail on the provisions of the FCL.

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