Saudi marketUpdated November 2
Commerce ministry outlines competition rules.
The Ministry of Commerce urged traders to follow fair-competition rules and avoid harming competitors, in guidance carried by Okaz. Among the practices it identified were misleading or false claims about a competitor’s products, services or commercial reputation, and certain forms of abuse of a dominant position, such as selling below cost to drive competitors out or restricting supply to create an artificial shortage. Separately, the General Authority for Competition describes the Competition Law as aiming to protect and encourage fair competition and prevent monopolistic practices that affect it or consumers’ interests. The Cabinet approved the Commercial Transactions Law on October 27, 2026. As the Saudi Press Agency reported, the new law will take effect 180 days after publication in the Official Gazette and is intended to strengthen fair competition and prevent harm to competitors. A harmed trader may ask a court to stop harmful conduct, prevent imminent harm and seek compensation.
Coverage started November 2