Federal Decree-Law No. 36/2023 On the Regulation of Competition

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Abrogates

Federal Law No. 4/2012 dated 10/10/2012

We, Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates,

Pursuant to the perusal of the Constitution;

Federal Law No. 1/1972 on the Competencies of Ministries and Powers of Ministers, and its amendments;

Federal Law No. 4/2012 on the Regulation of Competition; and

Based on the proposal of the Minister of Economy, and the approval by the Cabinet,

Have issued the following Decree-Law:

Article 1 - Definitions

For the purposes of this Decree-Law, the following terms and expressions shall have the meanings assigned to each, unless the context requires otherwise:

  • State: The United Arab Emirates.

  • Ministry: The Ministry of Economy.

  • Minister: The Minister of Economy.

  • Concerned Authority: The Competent local authority

  • Sectoral Regulatory Bodies: The federal or local body entitled under its regulation to regulate, control, or supervise a specific economic sector within the State.

  • Competition: Practicing economic activities according to market mechanisms without any influence or restriction on such mechanisms in a manner that may adversely affect the trade, development and the consumer's interest.