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We are excited to invite you to our upcoming webinar on the recently issued 5th edition of the Economic Concentration Review Guidelines by the General Authority for Competition (GAC) of the Kingdom of Saudi Arabia (KSA). This critical update, published on 8 April 2025, brings significant refinements and clarity to the KSA merger control regime.

Key Topics to be Covered:
• Main changes introduced at a glance
• Clarification of the notification thresholds
• Update on the concept of Change of Control
• New Exemptions to Notification
• Validity Period for Clearance Decisions
• Q&As

The General Authority for Competition in Saudi Arabia has recently published its quarterly report on economic concentration applications for Q1 2025. This alert summarizes the key highlights of the report published by the authority, with particular focus on the issuance of the first conditional approvals of the year.

Our popular Annual Compliance Conference, which attracts senior in-house legal and compliance professionals every year from across the world, will be held virtually from 3 to 12 June 2025.

The conference will provide you with valuable insights from our international trade, compliance and investigations, regulatory and antitrust lawyers. We will delve into critical topics shaping the future of global businesses such as sanctions, export controls, customs and tariffs, national security laws, antitrust, product regulation, ESG and related enforcement trends.

On 8 April 2025, the General Authority for Competition (GAC) of the Kingdom of Saudi Arabia (KSA) published the 5th edition of its Economic Concentration Review Guidelines (formerly known as the Merger Review Guidelines).
This critical update, following the GAC’s public consultation on its proposed amendments to the Guidelines of 1 July 2024, provides essential refinements and clarity on the KSA merger control regime.

With the majority of the UK’s Digital Markets, Competition and Consumers Act 2024 provisions having entered into force on 6 April 2025, the Competition and Markets Authority has published its Approach Document – setting out enforcement priorities for the next 12 months and what businesses can expect following the widespread reforms to the UK consumer law regime.

The proposed notification thresholds remain essentially unchanged from those released by Treasury in October 2024. The draft forms include short form and long form versions, with the short form version intended to provide a simplified process for acquisitions that are unlikely to raise competition concerns. However, in draft guidance, the ACCC has indicated it will set the bar quite low for when a long form notification is required.

The Canadian Competition Bureau (“Bureau”) recently published the Consultation on Artificial Intelligence and Competition: What We Heard (“Report”), which summarizes feedback it received from its 2024 public consultation about how AI is impacting competition in Canada. The Bureau will use the insights from the submissions summarized in the Report to inform how it will protect and promote competition in Canada’s AI market.

Over the past week there have been two significant announcements by US Financial Crimes Enforcement Network and the US Department of the Treasury with respect to the filing of beneficial ownership information reports under the Corporate Transparency Act. Based on these announcements, foreign reporting companies should technically continue complying with the BOI requirements, though there will be no consequences for failing to do so until new regulations are issued. As to domestic reporting companies, there should not be any enforcement of the CTA against such companies or consequences if such companies fail to file BOI reports.

On 4 March 2025, the Australian Competition and Consumer Commission (ACCC) released transitional guidelines to help businesses navigate the transition to the new mandatory and suspensory merger control regime which comes into force on 1 January 2026.
The Guidelines set out details on key dates and processes for how the ACCC will manage merger clearance reviews during the transition period. The ACCC is encouraging businesses to voluntarily notify transactions under the new regime from 1 July 2025 to avoid the potential need for re-notification if the ACCC is unable to complete its review in time.