Competition Law Executive Regulation

Article 17 — Article (17) Report on the Application for Approval of an Economic Concentration Transaction

1. Upon completion of the examination of the application for approval of an Economic Concentration transaction, the Ministry, the Concerned Authority, or the Sectoral Regulatory Authority, as the case may be, shall prepare a report thereon containing the following:     a. A statement setting out all facts and procedures undertaken in relation to the application.     b. A statement identifying the parties concerned by the application, their branches, and their affiliated Undertakings.     c. The principal objective of the Economic Concentration transaction.     d. A study of the market(s) concerned by the application.     e. A legal and economic analysis of the Economic Concentration transaction.     f. An assessment of the Economic Concentration transaction and the extent of its positive or negative impact on the level of competition in the Relevant Market(s).     g. A recommendation regarding the proposed decision. 2. The report shall be submitted to the Minister or to the authority competent to issue the decision within the Concerned Authority or the Sectoral Regulatory Authority, as the case may be, within ten (10) days from the date of completion of the report referred to in Clause (1) of this Article, for the purpose of taking the appropriate decision concerning the application for approval of the Economic Concentration transaction.

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