Competition & Anti-Trust
Competition and anti-trust laws in Saudi Arabia are designed to promote fair competition, prevent monopolistic practices, and protect consumer rights. The legal framework is overseen by the General Authority for Competition (GAC), which ensures compliance with these regulations.
Key Components of Competition and Anti-Trust Law
Saudi Competition Law
Prohibited Practices
Merger Control
Enforcement and Penalties
Key Regulatory Bodies
General Authority for Competition (GAC)
Recent Developments and Reforms
Enhanced Enforcement
International Cooperation
Saudi Arabia’s competition and anti-trust laws are integral to promoting a fair and competitive market environment. The General Authority for Competition plays a crucial role in enforcing these laws, ensuring that markets operate efficiently and consumers are protected. Ongoing reforms and enhancements to the legal framework aim to strengthen competition regulation and align with international best practices, supporting the Kingdom’s economic goals under Vision 2030.