Can advocates in Dubai assist with mergers and antitrust matters?
Advocates in Dubai play a crucial role in assisting businesses with mergers and antitrust matters. Mergers and antitrust laws in Dubai are essential to ensure fair competition and protect consumer interests. Businesses planning mergers, and acquisitions, or those facing antitrust concerns often seek the expertise of advocates to navigate this complex legal landscape. Here's how advocates in Dubai can assist with mergers and antitrust matters: 1. Regulatory Compliance: Advocates help businesses comply with Dubai's merger control and antitrust laws, which are primarily governed by the UAE's Federal Law No. 4 of 2012 concerning Competition Regulation (the Competition Law). This law aims to prevent anti-competitive practices and promote fair competition. 2. Due Diligence: Before entering into mergers or acquisitions, advocates conduct extensive due diligence to assess the legal, financial, and operational aspects of the target company. This is essential to understand potentia...