Press release regarding the meeting of the Permanent Commission of the Competition Council

In accordance with the provisions of Article 14 of Law No. 20-13 on the Competition Council, the Permanent Commission of the Council held a meeting on Friday, July 15, 2022 at 09:30, under the chairmanship of Mr. Ahmed Rahhou, President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

At the beginning of its work, the Permanent Commission approved the minutes of its meeting held on July 12, 2022.

The Permanent Commission then made decisions to authorize the following economic concentration operations:

• • The establishment of a joint venture between the company “Veolia Services à l’Environnement Maroc S.A.” and the company “Asment de Temara S.A.”;
  • The acquisition of exclusive control of the company ‘’SDX Energy Plc‘’ by the company ‘’Tenaz Energy Corp‘’ through the acquisition of 100% of its share capital and related voting rights.