Region: Saudi Arabia

Saudi Arabia’s antitrust enforcer has prohibited National Gas and Industrialization’s proposed acquisition of a gas retailer, in a decision that marks the first time the authority has blocked a deal based on substantive competition concerns.

20 June 2022

Saudi Arabia’s antitrust enforcer has blocked Delivery Hero’s acquisition of rival food delivery platform The Chefz, a month after the former failed in an attempt to purchase another local competitor.

07 December 2021

Saudi Arabia’s General Authority for Competition has fined four home and office furniture retailers a total of €2.3 million for bid rigging, although observers claim the case raises evidentiary issues.

11 August 2021

King Salman Bin Abdulaziz of Saudi Arabia has appointed former royal court advisor Ahmed bin Abdulkarim Al Khulaifi to head the country’s competition agency, a move that lawyers have said is key to reforming Saudi Arabia’s economy.

09 August 2021

Saudi Arabia’s competition authority has approved Uber’s $3.1 billion acquisition of Middle Eastern ride-hailing app Careem, subject to behavioural commitments.

22 November 2019

A Saudi specialist competition committee has fined beIN sports €2.3 million and indefinitely revoked the Qatar-based broadcaster’s licence, for abusing its dominant position by illegally tying the UEFA Euro 2016 football tournament to its other services.

21 August 2018

The Saudi Arabian cabinet’s decision to restructure the country’s competition authority could make the enforcer more independent, lawyers in the region say.

19 October 2017