Competition Law Executive Regulation

Article 11 — Article (11) Parties Responsible for Submitting an Application for Approval of an Economic Concentration Transaction

The application for approval of an Economic Concentration transaction pursuant to Article (10) of this Resolution shall be submitted by the Parties to the Economic Concentration depending on the nature of the transaction, as follows: 1. In the case of an acquisition, the application shall be submitted by the acquiring Undertaking (the purchaser) or by its legal representative acting pursuant to a duly authenticated special power of attorney. 2. In the case of a merger or joint venture, the application shall be submitted by all parties concerned with the Economic Concentration transaction, or by an Undertaking authorized by the Undertakings concerned with the merger or joint venture pursuant to a duly authenticated special power of attorney.

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