Alqanoni

Competition Law

Art. 3
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

1. Without prejudice to the provisions of other laws, the provisions of this Law shall apply to: a) all entities within the Kingdom; and Competition Law b) practices taking place outside the Kingdom which have an adverse effect on fair competition within the Kingdom, in accordance with the provisions of this Law. 2. Paragraph (1) of this Article shall not apply to public establishments and State-owned companies if such establishments or companies are granted exclusive rights by the Government to provide goods or services in a certain field. 3. The Authority shall have original jurisdiction over any matter arising from the application of this Law, or conflicting or overlapping with the jurisdiction of other governmental entities. The Regulations shall determine the rules that must be observed in the application of this Article.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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