Saudi Arabia: Issued fines in investigaton into Panda Retail Company and Atabet Elbab for non-compliance with the notification requirements for mergers
Description
Issued fines in investigaton into Panda Retail Company and Atabet Elbab for non-compliance with the notification requirements for mergers
On 25 February 2024, the General Authority for Competition (GAC) imposed penalties on Panda Retail Company and Atabet Elbab for Telecommunications and IT for contravening the Competition Law by concluding an economic concentration transaction withou…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
competition authority