Jordan merger control
Produced in partnership with International Business Legal Associates (IBLAW)

The following Competition practice note produced in partnership with International Business Legal Associates (IBLAW) provides comprehensive and up to date legal information covering:

  • Jordan merger control
  • 1. Have there been recent developments regarding the Jordanian merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Jordan?
  • 2. Under Jordanian merger control law, is the control test the same as the EU concept of ‘decisive influence’? If not, how does it differ and what is the position in relation to 'minority shareholdings'?
  • 3. Are joint ventures caught by the national merger control provisions (including non-structural, cooperative joint ventures)?
  • 4. What are the merger control thresholds and would a purely foreign-to-foreign transaction be caught (commenting on any ‘effects’ doctrine/policy if relevant)?
  • 5. Are there any specific issues parties should be aware of when compiling and calculating the relevant turnover for applying the jurisdictional thresholds?
  • 6. Where the jurisdictional thresholds are met, is notification mandatory and must closing be suspended pending clearance?
  • 7. Is there any discretion to review transactions that fall below the notification thresholds?
  • 8. Is it possible to close the deal globally prior to local clearance?
  • 9. Is there a deadline for filing a notifiable transaction and what is the timetable thereafter for review by the Competition Directorate?
  • More...

Jordan merger control

A conversation with Firas Malhas, partner at Jordanian law firm International Business Legal Associates, on key issues on merger control in Jordan.

NOTE–to see whether notification thresholds in Jordan and throughout the world are met, see Where to Notify.

1. Have there been recent developments regarding the Jordanian merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Jordan?

No recent amendments have been made to the Jordanian merger control regime set out in the Competition Law of 2004 (the Competition Law).

The Jordanian merger control regime does not depend on the Competition Law by itself; this regime also depends on the mechanics of other laws such as the Companies Law of 1997. The Companies Law contains general merger provisions, such as merger procedures, merger requirements, merger prerequisites, and regulatory approvals. Despite the law-makers’ efforts to amend the chapters of mergers and acquisitions that are currently in the Companies law, bno amendments have been made to the Companies Law of 1997 in this regard. Yet, this does not mean the absence of sufficient and reasonable rules that regulate the mechanics of these transactions; especially that the regulatory bodies as well lawyers have developed good practice in this area.

In 2019, the US$3.1bn deal between Uber and Careem was introduced to the Competition Directorate at the Ministry

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