| Release Date: | 1440-06-29 |
|---|---|
| Release Tool: | Royal Decree |
| Issuance Instrument Number: | m/75 |
| Validity: | Valid |
| Summary: | By AI A royal decree has been issued by Salman bin Abdulaziz Al Saud regarding the Competition Law, aimed at protecting and promoting fair competition and combating monopolistic practices. The law encompasses all establishments within the Kingdom and applies to external practices that affect competition. The General Authority for Competition is the entity responsible for enforcing the law, which prohibits practices such as price-fixing and market division. Establishments wishing to engage in economic ... |