Global Legal Insights: Cartels 2021, 9th Edition - United Arab Emirates
By EsqSocial Corporation 03/05/21
Overview of the law and enforcement regime relating to cartels - The United Arab Emirates (“UAE”) competition law and enforcement regime is relatively young with just over eight years since Federal Law Number 4 of 2012 (“Competition Law”) was enacted on October 23, 2012 and took effect on February 23, 2013. The Competition Law regulates “restrictive agreements” such as price-fixing, collusion on bids, market allocation arrangements, and agreements to suppress production. In the years since its...
By: Latham & Watkins LLP