Competition Law

Without prejudice to the provisions of Article 19 of this Law, the Board may take one or more of the following measures in the event of any violation to the provisions of this Law: 1. Requiring the violator to make the necessary changes to rectify the violation within a specified period. 2. The Board may, upon issuance of the Committee's decision to impose the penalty, take one or more of the following measures: a) Requiring the violator to dispose of certain assets, shares, or property rights, or to perform any other act to ensure the violation is rectified. b) Requiring the violator to pay a daily fine not exceeding 10 thousand riyals until the violation is rectified within the period specified in the Board's decision. If such period lapses without rectifying the violation, the daily fine shall be doubled pending rectification. c) Closing the entity temporarily for a period not exceeding 30 days, if the violation continues after the lapse of 90 days from the Board's notification. The Regulations shall determine the rules necessary for the application of such measures. Competition Law