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Economic Concentration
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Competition Law Jordan’s Competition Law number 33 for the year 2004 was issued in Sep 1st, 2004. The law was effected in Aug 15th as provisional Competition Law.
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Implementation Strategy
Institution building Establishing the CD. Formatting the CAC. Nominating Judges. Capacity building Awareness
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Economic Concentration
The competition law defines the Economic Concentration as: “Any activity resulting in the full or partial transfer of ownership of or interest in property or rights or shares or obligations of an Enterprise to another, and which may enable an Enterprise or a group of Enterprises to control, directly or indirectly, another Enterprise or group of Enterprises”
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Economic Concentration Provisions & Methodology
Notification Notification is mandatory if the total share of the Enterprise or Enterprises concerned in the economic concentration operation exceeds 40% of the total transactions in the market. Enterprises wishing to carry out Economic Concentration must submit a petition in this regard to CD, on the form adopted by the Ministry of industry and trade.
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Economic Concentration Provisions & Methodology
CD analyze the information submitted in the form and any other information related to the case. Check the enterprises market share. Check the effect on the market. Make decision: Approve the economic concentration operation . Conditioned approval of the economic concentration operation Deny the economic concentration operation.
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