7 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
7 Hrsالاقتصادية
Source: الاقتصادية
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Abdulmalik Al Othaim, acting CEO of Al Othaim Markets, accused some discount stores in Saudi Arabia of practices that harm competition. These include selling products of unknown origin or imported from unapproved suppliers, misleading promotions, goods nearing their expiry dates, selling below cost and flooding the market, as well as selling repackaged water from unapproved suppliers. He said the company had identified these practices and reported them to the regulatory authorities, supported by observations and evidence. Al Eqtisadiah had received no response from the relevant authorities by the time the report was prepared. Al Othaim stressed that lowering prices is not, in itself, a violation, provided that competition complies with regulations and quality standards.
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