{"id":640829,"date":"2017-09-05T11:56:26","date_gmt":"2017-09-05T11:56:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case\/"},"modified":"2017-09-05T11:56:26","modified_gmt":"2017-09-05T11:56:26","slug":"premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case\/","title":{"rendered":"Premerger notification legal requirements in Egypt could threaten reporting risks -White &#038; Case"},"content":{"rendered":"<p>The legal amendments that could require premerger notification in Egypt \u201ccould expose certain transactions around the world to reporting risks in Egypt,\u201d according to <a href=\"https:\/\/www.whitecase.com\/publications\/alert\/egypt-considers-premerger-notification\">a note from White & Case<\/a>. \u201cParties contemplating transactions that involve an Egyptian component should monitor the progress of these draft amendments as they make their way through the legislative process,\u201d the note reads. The concerns follow the Egyptian Competition Authority (ECA)\u2019s plan to amend Competition Law (Law No. 3\/2005), which, as currently drafted, has broad features of the proposed notification requirements that \u201care consistent with many regulatory regimes around the world. The notification would require standard information about the parties and the transaction, as well as a filing fee.\u201d The ECA would be allowed to evaluate the transaction over inspection phases and the process could be mandatory for any merger, acquisition, joint venture, or \u201ceconomic concentration.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The legal amendments that could require premerger notification in Egypt \u201ccould expose certain transactions around the world to reporting risks in Egypt,\u201d according to a note from White &#038; Case. \u201cParties contemplating transactions that involve an Egyptian component should monitor the progress of these draft amendments as they make their way through the legislative process,\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9344],"tags":[72,2375],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640829","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-legislation-policy","wpautop","entry"],"acf":{"mongo_id":"c2d57a6f-de0a-4e26-ab8b-727893784a8f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[640791],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Premerger notification legal requirements in Egypt could threaten reporting risks -White &amp; Case - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Premerger notification legal requirements in Egypt could threaten reporting risks -White &amp; Case\" \/>\n<meta property=\"og:description\" content=\"The legal amendments that could require premerger notification in Egypt \u201ccould expose certain transactions around the world to reporting risks in Egypt,\u201d according to a note from White &amp; Case. \u201cParties contemplating transactions that involve an Egyptian component should monitor the progress of these draft amendments as they make their way through the legislative process,\u201d [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-05T11:56:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/premerger-notification-legal-requirements-in-egypt-could-threaten-reporting-risks-white-case\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Premerger notification legal requirements in Egypt could threaten reporting risks -White &#038; 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The amendments \u2014 which got initial signoff from the chamber on Monday \u2014 grant the Egyptian Competition Authority (ECA) the power to\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/125.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547674,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/talks-over-amendments-to-competition-act-are-deadlocked\/","url_meta":{"origin":640829,"position":2},"title":"Talks over amendments to Competition Act are deadlocked","author":"enterpriseam admin","date":"3 July 2022","format":false,"excerpt":"Will the Competition Act prove too controversial to pass the House this session? Differences over proposed amendments to the Competition Act between our financial regulators have reached a stalemate, Ahmed Samir, head of the House Economic Affairs Committee, told reporters last week. The impasse means that the House has not\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/91.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577772,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/05\/mps-give-initial-approval-to-competition-act-amendments\/","url_meta":{"origin":640829,"position":3},"title":"MPs give initial approval to Competition Act amendments","author":"enterpriseam admin","date":"5 December 2022","format":false,"excerpt":"MPs give initial approval to new and improved Competition Act: The House of Representatives yesterday gave its initial approval on amendments to the 2005 Competition Act, which would grant the Egyptian Competition Authority (ECA) more power over M&As.What\u2019s at stake: Introduced early last year by the government, the amendments would\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/67.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547377,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/20\/house-discusses-amendments-to-competition-act\/","url_meta":{"origin":640829,"position":4},"title":"House discusses amendments to Competition Act","author":"enterpriseam admin","date":"20 June 2022","format":false,"excerpt":"House gets down to business on Competition Act amendments: The House\u2019s Economic Affairs Committee yesterday discussed giving greater powers to the Egyptian Competition Authority (ECA) underproposed amendments to the Competition Act. 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