Due to the steady growth achieved by
Saudi economy within the last decades at the regional and global levels, and
due to following market economy and free trade policies by KSA, which encourage
competition, individual initiatives, and preservation of the competitive
environment of business sector, in the frame of justice and transparency for
the markets, which in turn may enable firms to compete freely, and may enable
consumers to gain the benefits desired from competition;
Based on Article (10) of the Competition Law which was
issued by the Royal Decree No. (M/25) dated 4/5/1425H, and Articles (55, 56) of
Executive Regulations, the Council shall have General Secretariat chaired by a
Secretary General, at the fifteenth degree. The General Secretariat shall include
a number of economic, legal, Sharia, and technical experts as well as
supporting employees. The Secretary-General shall supervise all affairs of the
Secretariat General of the Council, in achievement of workflow and in order to
achieve the Council’s goals, specified within the Competition Law. In addition
to the competencies, which may be included within Competition Law and its
Executive regulations, the General Secretariat shall implement the following
1- Preparation of draft plans, general policies and laws
related to competition in light of the adopted strategy, and monitoring their
execution after adopting.
2- Preparation of programs and policies, which shall be
followed by Council to achieve its purposes, and monitoring their execution
after approval of the Council.
3- Monitoring the market in the frame of the rules approved by
Council to ensure application of the rules of fair competition, and conducting
necessary researches and studies.
4- Take procedures of investigation, research, evidence collection,
investigation and prosecution for detection of practices, which violates rules
of competition. General Secretariat may seek assistance of relevant authorities
in appropriate cases.
5- Preparation of the annual report of the Council and present
such report to the Council for approval.
6- To work on disseminating culture of competition, holding
seminars and conferences, conduct researches and studies and other cultural
7- Enhancing cooperation and coordination with authorities
concerned with competition within KSA, as well as other countries, in
achievement of the purposes of the Council.
8- Establishment of a database about the economic
activities, in addition to upgrading and developing it to serve the work of the
Council within the fields related to competition.