Workshop on Commercial agency
Workshop on Commercial agency law and the new competition law assessment of commercial agency and distributor agreements.
The General Competition Authority (GAC) continuous to expand their authority. In a recent development GAC was granted authority to review commercial agencies and distributorship from a competition perspective.
They may consider market impacts of arrangements between principals and their distribution partners and void exclusivity arrangements. These new authorities make the Saudi antitrust regime and GAC increasingly relevant not only for global corporates invested in the Kingdom but also for SMEs and companies exporting to Saudi Arabia.
Companies must act now to revise their distributor and agency arrangements and install compliance mechanisms to shield themselves from substantial fines and other penalties.
The German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) has the pleasure of inviting you to the following event:
You think you are too small to matter? That may be and expensive miss conception.
Saudi Arabia increases antitrust oversight on distributorships and commercial agencies.
When: November 30th, 2022
Time: 4 pm – 5 pm, KSA time
Location: GESALO Pure, Block B, 1st Floor, Takhassusi Branch Road, 8006 Al Mohammadiyyah 3213
herine Fakoussa, Deputy Delegate of German Industry & Commerce for Saudi Arabia,Bahrain and Yemen
Dr. Nicolas Bremer. Nicolas is partner of the regional firm BREMER Law Firm and oversees the firm’s practices in Saudi Arabia and Egypt. With his team Nicolas represents international corporates and PE funds in regulatory procedures including merger control review and advises on antitrust matters relating to distributorships, supply agreements as well as intra- and inter-brand arrangements in Saudi Arabia and the larger MENA region.