logo ofThe General Authority for Competition (GAC)
The General Authority for Competition (GAC) received 100 economic concentration applications during the third quarter of 2024, an increase of 12% year-on-year. 
According to a report issued by the Authority today, economic concentration applications for foreign establishments accounted for the largest share of the total applications, or 65% of total application. Meanwhile, economic concentration operations for local establishments represented 35% of total applications.
For more news and details on MAs
GAC issued its no-objection for 60 concentration applications. It also issued 28 certificates of non-notification, and is currently considering 12 applications that are still under study, as shown in the following table:
Details of Economic Concentration Applications in Q3 2024
Type of Application
Q3 2023
Q3 2024
Change YoY
Under study
9
12
+ 33%
No required to be reported
39
28
(28%)
No-objection
39
60
+ 54%
Total applications
89
100
+ 12%
The information and communications sector accounted for the largest share of total concentrations in Q3 2034, or 23%, followed by the manufacturing sector with 20%, as shown in the following table:
Economic Concentration Applications by Sector
Segment
% to Total
Information and telecommunications
23%
Manufacturing
20%
Transportation and storage
8%
Wholesale, retail trade and reparation of vehicles
8%
Water supply, sanitation activities and waste management and treatment
7%
Healthcare and social work activities
7%
Other sectors
27%
logo ofThe General Authority for Competition (GAC)
The General Authority for Competition (GAC) received 100 economic concentration applications during the third quarter of 2024, an increase of 12% year-on-year.
According to a report issued by the Authority today, economic concentration applications for foreign establishments accounted for the largest share of the total applications, or 65% of total application. Meanwhile, economic concentration operations for local establishments represented 35% of total applications.
For more news and details on MAs
GAC issued its no-objection for 60 concentration applications. It also issued 28 certificates of non-notification, and is currently considering 12 applications that are still under study, as shown in the following table:
Details of Economic Concentration Applications in Q3 2024
Type of Application
Q3 2023
Q3 2024
Change YoY
Under study
9
12
+ 33%
No required to be reported
39
28
(28%)
No-objection
39
60
+ 54%
Total applications
89
100
+ 12%
The information and communications sector accounted for the largest share of total concentrations in Q3 2034, or 23%, followed by the manufacturing sector with 20%, as shown in the following table:
Economic Concentration Applications by Sector
Segment
% to Total
Information and telecommunications
23%
Manufacturing
20%
Transportation and storage
8%
Wholesale, retail trade and reparation of vehicles
8%
Water supply, sanitation activities and waste management and treatment
7%
Healthcare and social work activities
7%
Other sectors
27%
