Some states have laws that deal with particular areas of competition law, such as telecommunications, and a number have ambitions to adopt comprehensive competition law regimes. However, viewed as a region, the development of functioning competition laws is largely aspirational.  

What is the position in Saudi Arabia? 

Saudi Arabia adopted a Competition Law in 2004 and it came into effect in January 2005.   The Competition Law and the associated Regulations and Competition Rules make up Saudi Arabia's competition law regime and they are enforced by a Competition Council.  

Who does the Competition Law apply to?

It applies to all firms, i.e. any corporation or company and business doing business in Saudi Arabia. A non-Saudi entity can be a firm. The Competition Law does not apply to public (i.e. government) corporations and fully-owned state enterprises. 

What does the KSA Competition Law do?

The broad aim of the Competition Law is to protect and encourage fair competition and combat monopolistic practices that affect competition. It seeks to achieve this by: