Changes to Competition System with Penalties and Rewards
The General Authority for Competition has issued amendments to the Competition Regulations, including strict penalties and rewards for whistleblowers, with the aim of strengthening competition and protecting the market. The scope of application will be expanded to include entities outside the Kingdom, along with new regulations focused on ensuring fairness and combating unethical practices. These amendments will come into effect on August 2, 2026, with the goal of improving the business environment and encouraging compliance with the regulations.
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