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Competition Authority ... The approval of its board is necessary to complete the process of economic concentration The concerned unions and unions are notified in order to avoid penalties and fines

The General Authority for Competition and Antimonopoly has notified the Chambers of Commerce, Industry and Agriculture, the General Federation of Peasants and the Association of Contractors and other interested parties to obtain the approval of the Competition Council to complete the process of economic concentration (merger) based on the Competition Law and Antimonopoly No. 7 of 2008, (10) and Article (10) of the Executive Regulations of the Law relating to the subject of economic concentration (integration) and requests to complete the process of concentration. The Commission also stressed the need to circulate this book and to inform all institutions and entities associated with it of the need to abide by the provisions of the competition law and the prevention of monopoly and the need to submit applications and documents necessary to obtain the approval of the Competition Council for mergers or economic concentration to avoid the penalties and fines imposed by law. This stems from the Commission's keenness on enforcing the application of the law by the brothers who have economic activities in all activities of production, trade and services and spreading the culture of competition. In addition to its full readiness to provide consultation and services to all institutions on the rescue and law enforcement