Saudi Arabia: Issued GAC Ruling Approving Proposed Acquisition of Careem by Uber with Conditions
Description
Issued GAC Ruling Approving Proposed Acquisition of Careem by Uber with Conditions
On 10 February 2021, the General Authority for Competition (GAC) issued a ruling in its investigation of the proposed acquisition of Careem Inc. by Uber Inc. GAC did not find concerns for constraints of competition and approved the acquisition with …
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
competition authority