Law: Competition Law 2019 (Saudi Arabia)

Saudi Arabian enforcement surge continues

Saudi Arabia’s General Authority for Competition has conditionally cleared an outdoor advertising company's €257 million takeover of a rival, marking the enforcer's third-ever clearance with commitments.

22 August 2023

Saudi Arabia readies criminal charges following automotive sector probe

Saudi Arabia’s General Authority for Competition plans to bring criminal proceedings against multiple unnamed companies for breaching antitrust rules.

21 August 2023

Saudi Arabia fines feed company for restricting supply

Saudi Arabia’s competition authority has ordered a feed supplier to pay a €2.4 million fine after finding it abused its dominant position by controlling the supply of bran.

02 August 2023

Saudi Arabia levies rare predatory pricing fine

A Saudi waste management company must pay a €2.4 million fine after the national competition authority punished it for charging predatory prices.

24 July 2023

Saudi Arabia issues second-ever conditional clearance

Saudi Arabia’s antitrust authority has conditionally cleared the €33 million acquisition of a majority stake in a financial technology company by the owner of the Saudi Stock Exchange, in what is the agency’s second-ever clearance with remedies.

17 May 2023

Saudi Arabia upholds €34 million penalty on expansive cement cartel

A Saudi Arabian court has upheld what appears to be the national competition authority’s largest-ever cartel fine on 14 local cement makers for colluding to raise prices and divide the market.

12 April 2023

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