Saudi Arabia: Adopted Competition Law 2019 including establishment of General Authority for Competition
Description
Adopted Competition Law 2019 including establishment of General Authority for Competition
On 5 March 2019, the Competition Law was adopted by the Council of Ministers, which would replace the previously enforced Competition Law from 2004. The 2019 law applies broadly domestically and abroad to commercial entities that might "have an adve…
Scope
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2019-03-05
adopted
2019-03-06
in grace period