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1. What type of transactions are caught by the merger control regime?
1.1.1 Type of transactions that are caught by the merger control rules?
The scope of the law is broad and applies to all activities whereby a market player is seeking to impede competition in any Qatari market.
As such, any acquisition of assets, securities or usufructs, merger, formation of joint ventures and combination of the management of two or more legal persons is caught by the merger control rules.
2. Establishing jurisdiction for notification of mergers
2.3 General thresholds
There are no jurisdictional thresholds in Qatar.
Any acquisition of assets, securities or usufructs, merger, formation of joint ventures and combination of the management of two or more legal persons must be notified if it will result in control or domination of the market.
“Control” and “domination” is defined as the power of an undertaking, or group of undertakings acting together, to dominate the market and effectively influence prices and the volume of products on offer with their competitors having no power to prevent this.
It is advisable that undertakings contemplating a transaction that may result in a dominant market position inform the competition Committee of their decision.
The Competition Committee may exempt certain transaction from investigation if the economic benefits of the transaction for the purpose of economic growth in Qatar outweigh the consequences of not complying with merger control rules.
1. Practical information
1.2 Deadlines for filing
1.2.3 What are the sanctions for not filing a notifiable transaction?
A violation of the provisions of the competition law is fined in an amount not less than QR 100,000 and not exceeding QR 5,000,000.
In all cases, the court confiscates all profits resulting from activities in violation of the provisions of the competition law.
and last updated on 20-01-2021 by
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