Anti-mergers and Their Remedies in Iranian Law

Although companies’ merger help out the enterprise from financial trouble improving their competitive strength, leave undesirable effects on the competition, from economic view incur some negative consequences on the market. In order to prevent anti-competitive mergers, the Iranian legislature in chapter 9 of the Implementation of the General Policies of Article 44 of the Constitution Act 1386, has provided some criteria such as concentration. As the Iranian Law on this crucial topic is at its early stage of development, from the competitive rules point of view suffers gaps and ambiguities both for offering criteria to recognize anti-competitive mergers and setting up a mechanism as well as appropriate and deterrent remedies. There are remedies such as annulment, recession division and suspension whose practice is faced with some difficulties as well as ambiguities.