About Authority

In line with the Kingdom’s economic policy that is based on the principle of competition; due to the considerable developments taking place in the economic field; and in order to strengthen the climate of competition in the business sector, Royal Decree No. M/25 was issued on 4 Jumada Al Awwal 1425H approving the Competition Law.

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Authority Rules

Competition Law

In harmony with the economic policy built on the principle of competition followed by the Kingdom of Saudi Arabia and the great developments in the economic field

Regulations

Preamble Based on article (20) of Competition Law, promulgated under the Royal Decree No. (M/25) dated 4/5/1425

Authority Statute

The Council of Ministers resolution No. (55) dated 20/1/1439H was issued in regard to approve the change of the name of "Council of Competition" to become "General Authority for Competition," and to approve the Authority statute

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The Most Prominent Events in the History of the Authority

  • 1439
    Council of Ministers Resolution No. (55) dated 20/1/1439H was issued to approve the change of the name of the "Council of Competition" into the "General Authority for Competition," and approving its Statute
  • 1435
    Royal Decree No. (M/24) was issued on 11/04/1435H to approve Council of Ministers Resolution No. (130) dated 03/04/1435H, which amends Article 12 and Article 15(2, 3, & 4) of the Competition Law. Review of State practices in this field demonstrated that it was necessary to make the maximum amount of a fine proportionate to the size of the firm, and that such amount must be based on the total volume of sales. The previous fine amount was not deterrent enough due to its weak financial and moral effect if compared to the benefits obtained from the violations, especially for large firms. Such amendments give a clear indication of the keenness of higher authorities to draw the attention of the business sector to the importance of competition and its considerable impact on the national economy.
  • 1427
    In implementation of Article No. (20) of the Competition Law, issued by Royal Decree No. (M/25) dated 04/05/1425H, the Implementing Regulations of the Competition Law were issued on 25/11/1427H. In accordance with Royal Decree No. (M/24) dated 11/04/1435H, which amends Articles (12) and (15) of the Competition Law, the Council of Competition issued its Implementing Regulations as amended by Resolution No. (126) dated 04/09/1435H, including the new amendments. The new Regulations were divided into sections as follows: Aims of the Law; Meanings of Terms; Application and Exceptions to the Law; Prohibitions of the Law; Exemptions; Procedures of Economic Concentration Applications; Complaint Procedures and Council Initiatives; The Committee for Review and Adjudication of Competition Law Violations and its Procedures; and finally, General Provisions.
  • 1425
    The Council of Competition in the Kingdom of Saudi Arabia is the governmental entity in charge of supervising the application of the Law of Competition and its Implementing Regulations, issued by Royal Decree No. (M/25) dated 04/05/1425H, including approval of the Law. The Law mainly aims to protect and encourage fair competition, combat monopolistic practices in violation of the Competition Law, and provide a climate of fairness and transparency within the local market in order to enable all firms and persons to compete freely and provide them with an opportunity to reap the desired benefits of fair competition. This Law is consistent with the economic, commercial, and investment openness currently experienced by KSA, as it ensures that all sectors of the Saudi Market have a fair environment for competition in commercial transactions.

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