Kuwaiti Competition Authority Receives Two Economic Concentration Requests

The Kuwaiti Competition Protection Agency has received two formal applications for economic concentration activities, marking continued regulatory oversight in corporate transactions. n nAccording to a post on the social media platform X, CL Financing Gold Limited (Cayman Islands) has filed a request to acquire an Airbus A320-200 aircraft, serial number 4714, from MAM Aircraft Leasing 6 (Ireland) DAC. This transaction reflects cross-border asset transfers within the aviation leasing sector. n nSeparately, Japan Industrial Partners Inc. has submitted a proposal to take full ownership of Mitsubishi Logistics Corporation through its subsidiary, LVG Holdings 2 LLC. The move signifies a restructuring within Japan’s logistics industry and highlights international corporate consolidation strategies. n nUnder Kuwait’s Law No. 72 of 2020 on competition protection, economic concentration refers to permanent shifts in market control arising from mergers, acquisitions, or the establishment of joint ventures involving independent economic activities. Regulatory review ensures such transactions do not undermine fair market competition. n— news from معلومات مباشر

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