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Annual Report
About The Council
Consistent with the economic policy which is based on the principles of competition which is adopted by the Kingdom of Saudi Arabia due to considerable developments are taking place in the economic arena. To strengthen the climate of competition in the business sector, a Royal Decree No. M/25 has been issued on 4/5/1425H approving the Competition Law. For implementing this Law a Royal Order No A/292, dated 6/9/1426H was issued regarding the…
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Goals and Tasks of the…
The Law in its (Nine Article) has determined the Council's powers to achieve its goals, which include:a) Approval of merger, acquisition, joining two managements or more into one joint management resulting in a dominant position in the market.b) Order to take actions of inquiry and collecting evidence pertaining to complaints and practices in violation of provisions of this Law, as well as order for investigation…
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Speech of the Chairman…
The Kingdom of Saudi Arabia is trying to diversify its sources of income by increasing investments in various economic fields; whether commercial, industrial, agricultural or services, so as to widen the economic base of the country. This matter has been accompanied by the development of the economic infrastructure that contributes in promoting the competitiveness of the Kingdom's…
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