Employment law

But the completion of the procedure of economic concentration by the establishment before receiving the approval or before the completion of above mentioned period with no reply, is prohibited and a fine of a minimum of fifty thousand dirhams (AED 50,000/-) or a maximum of five hundred thousand dirhams (AED 500,000/-) is imposed on violation of the prohibition.

As a further measure to boost competition, a committee is established under the chairmanship of the undersecretary of the Ministry of economy. This committee is known as the "Committee of competition regulation". The main functions of this committee are as listed hereunder: 1. To suggest the general policy to protect competition within the state. 2. To study issues related to the implementation of the provisions hereof and raise recommendations to the Minister in this regard. 3. To suggest special legislations and procedures to protect competition and raise the same to the Minister. 4. To study the requests of re-examination of the decisions issued by the Minister and received by the Committee within a period of maximum ten days from the date of notification. 5. To raise the recommendations to the Minister on the exception of the restrictive agreements or practices related to a dominant position. 6. To prepare an annual report on the activities of the Committee to be submitted to the Minister. 7. To further issues related to the protection of competition referred thereto from the Federal Authorities and the relevant authorities in the State.

Apart from this, there are some functions that are prescribed for the Ministry of Economy in order to facilitate healthy competition in the market which are as listed below: 1. To implement the competition policy in cooperation with the relevant authorities in the State. 2. To co-operate with the relevant authorities in the State to confront any kind of activities or practices violating the provisions hereof. 3. To prepare samples and forms designed for the practice of tasks thereof and set up a register for notifications and complaints. 4. To investigate the information and practices violating the competition based on a claim or on its own, confront the same in cooperation with relevant authorities, submit recommendations to the Minister concerning the decisions that shall be taken in this regard so he can decide on what he deems appropriate in this respect. 5. To receive requests on reviewing the decisions issued by virtue of this law and take measures in their regard. 6. To conduct the studies related to the market competition, issue reports and provide the public with information. 7. To receive and follow up notifications of restrictive agreements or practices related to a dominant position and their amendments, as well as economic concentration applications. 8. To hire experts and consultants from outside of the ministry to achieve works related to the competencies thereof. 9. Reinforce the exchange of information with the authorities concerned with the competition in other countries in order to serve the purpose of the law and the implementation thereof. 10. To take measures and steps to spread the culture of competition and the principles of free market. 11. To undertake the tasks of the executive secretariat of the Competition Regulation Committee. 12. Any other tasks related to competition entrusted thereto by the cabinet.

The ministry is under the obligation to maintain complete confidentiality about any case of anti-competitive practice that is brought or comes to its notice. Immigration Law