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In brief

In a time of recession, competition law regulations do not change in their content or enforcement. On the contrary, it is vital for companies to remain compliant with applicable antitrust laws and continue their commercially independent behavior. We provided an overview perspective on key antitrust and competition trends for emerging markets including, Morocco, Egypt, Turkey, South Africa and Saudi Arabia in 2023.

Our key takeaways for in-house counsels and competition leaders:

  • Nowadays competition authorities in emerging jurisdictions are well staffed, have clear legal frameworks and have all the tools at their disposal in order to enforce the competition rules effectively.
  • As a result enforcement is on the rise across all of these jurisdiction and we expect that trend to continue in the future.
  • Companies need to take merger control regimes seriously in these jurisdictions and timelines for global deals need to be adjusted accordingly.
  • Companies should also review and invest more time and effort in their compliance policies across all of these markets.

You can find recordings below:

Click here to access the webinar.

ModeratorFiona Carlin

SpeakersKeltoum BoudribilaMohamed ElFarDavid MonnierLerisha Naidu, Hakan Ozgokcen and Angelo Tzarevski

Author

Fiona Carlin is the head of the EU Competition & Regulatory Affairs practice in Brussels. She is the former Chief Executive of much of Baker McKenzie’s EMEA Region and the former Chair of the Firm’s Global Competition and Antitrust Law Practice comprising more than 320 lawyers in over 40 countries. She has remained an active practitioner throughout her various leadership roles with a particular focus on regulated industries.
Fiona is also the Chair of the European Advisory Board of Catalyst, a leading non-profit organisation dedicated to expanding opportunities for women and business. She was a founding and long-standing member of Baker McKenzie's Global Diversity & Inclusion Committee and is dedicated to creating an inclusive high performance culture where the talent of our lawyers and business professionals can flourish.
Fiona has been listed in "The International Who’s Who of Competition Lawyers" since 2009, and is among Global Competition Review's Top 100 Women in Antitrust. Chambers quotes clients as citing her "legal and pragmatic advice" and describing her as "globally minded".

Author

Lerisha Naidu is a Partner in Baker McKenzie's Antitrust & Competition Practice Group in Johannesburg.

Author

Hakan Ozgokcen is a Partner in Esin Attorney Partnership, Istanbul office.

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