February 12, 2020

A Brief on the New Saudi Competition Law and its Implementing Regulations

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The new Competition Law (the “Competition Law”) of the Kingdom of Saudi Arabia (the “Kingdom”) was enacted by Royal Decree M/75 on 29/06/1440 Hijri (corresponding to 6 March 2019) and came into force on 24/01/1441 Hijri (corresponding to 23 September 2019). The Implementing Regulations of the Competition Law (the “Implementing Regulations”) were issued by the Board of Directors (the “GAC Board”) of the General Authority for Competition (“GAC”) and came into force on 25/01/1441 Hijri (corresponding to 24 September 2019). The Competition Law replaced the previous Competition Law enacted by Royal Decree M/25 dated 4/05/1425 Hijri (corresponding to 22 June 2004). This article provides a brief overview of some of the key provisions of the Competition Law and the Implementing Regulations.

Read the article, “A Brief on the New Saudi Competition Law and its Implementing Regulations.”

Authors and Contributors

Marwan Elaraby

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资本市场

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+971 4 249 2123

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+1 212 848 4947

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Dr. Sultan Almasoud

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+966 11 213 7801

Partner, The Law Firm of Dr. Sultan Almasoud in association with Shearman & Sterling LLP

Partner, The Law Firm of Dr. Sultan Almasoud in association with Shearman & Sterling LLP

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Brendan Hundt

高级顾问

项目开发和融资

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+966 11 213 7805

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