Page 320 - MOET ENGLISH PR REPORT - JUNE 2025
P. 320

6/26/25, 8:59 AM  UAE Showcases Its Experience In Developing Legislative Framework For Competition Protection At 6Th Arab Competition Forum I…
        The new law reaffirms the UAE's commitment to aligning with global best practices by limiting exemptions exclusively
        to fully government-owned entities that play a vital role in the national economy. To ensure effective implementation,
        the Ministry of Economy and Tourism, in partnership with key government stakeholders, will conduct a nationwide
        series of workshops in 2025, engaging judicial authorities, local economic departments, legal experts, and private
        sector representatives. These initiatives aim to deepen understanding of the new legislation and its compliance
        requirements, directly supporting the“We the UAE 2031” vision.

        In this regard, Cabinet Decision No. (3) of 2025 concerning the thresholds for notification of economic concentration
        operations reinforces the role of the Ministry of Economy and Tourism in monitoring and supervising economic
        concentration activities of establishments in the country, ensuring compliance with fair competition rules. This is
        achieved by specifying the thresholds and controls related to dominant positions and the obligatory notification of
        economic concentration operations implemented under the Competition Regulation Law. These measures are
        designed to strengthen fair competition, ensure market stability, deter monopolistic practices, and promote market
        access for new entrants – an essential step given that the UAE is home to over 1.1 million companies and economic
        institutions.





































































      https://menafn.com/1109724741/UAE-Showcases-Its-Experience-In-Developing-Legislative-Framework-For-Competition-Protection-At-6Th-Arab-Com…  2/2
   315   316   317   318   319   320   321   322   323   324   325