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Economic Concentration

Economic Concentration. Competition Law. Jordan’s Competition Law number 33 for the year 2004 was issued in Sep 1 st , 2004. The law was effected in Aug 15 th 2002 as provisional Competition Law. Implementation Strategy. Institution building Establishing the CD. Formatting the CAC.

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Economic Concentration

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  1. Economic Concentration

  2. Competition Law • Jordan’s Competition Law number 33 for the year 2004 was issued in Sep 1st, 2004. • The law was effected in Aug 15th 2002 as provisional Competition Law.

  3. Implementation Strategy • Institution building • Establishing the CD. • Formatting the CAC. • Nominating Judges. • Capacity building • Awareness

  4. Economic Concentration • The competition law defines the Economic Concentration as: “Any activity resulting in the full or partial transfer of ownership of or interest in property or rights or shares or obligations of an Enterprise to another, and which may enable an Enterprise or a group of Enterprises to control, directly or indirectly, another Enterprise or group of Enterprises”

  5. Economic Concentration Provisions & Methodology • Notification • Notification is mandatory if the total share of the Enterprise or Enterprises concerned in the economic concentration operation exceeds 40% of the total transactions in the market. • Enterprises wishing to carry out Economic Concentration must submit a petition in this regard to CD, on the form adopted by the Ministry of industry and trade.

  6. Economic Concentration Provisions & Methodology • CD analyze the information submitted in the form and any other information related to the case. • Check the enterprises market share. • Check the effect on the market. • Make decision: • Approve the economic concentration operation . • Conditioned approval of the economic concentration operation • Deny the economic concentration operation.

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