Saudi Arabia: Issued Ruling in GAC Investigation into Oracle for violations of the Competition Act
Description
Issued Ruling in GAC Investigation into Oracle for violations of the Competition Act
On 9 September 2020, the General Authority for Competition (GAC) issued a ruling in its investigation of Oracle Corporation Limited (Oracle). Oracle was fined SAR 1,000,000 for violations of the Competition Law. Oracle failed to comply with reportin…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
infrastructure provider: cloud computing, storage and databases
Implementation Level
national
Government Branch
executive
Government Body
competition authority