Politics · Saudi Arabia · 7 hrs ago
Saudi Arabia tells businesses to follow fair competition rules
Saudi Arabia’s Ministry of Commerce warned businesses against harming competitors through unfair competition.
The ministry said misleading claims about a rival’s products, services or business reputation can be harmful.
Under the country’s competition rules, traders can ask a court to stop harmful practices or prevent them from happening soon.
They can also seek financial compensation for damage to their business.
The rules also bar dominant companies from selling below cost to push rivals out or restricting supplies to create shortages and raise prices.
Other banned conduct includes unfair conditions on business dealings or refusing to deal with a company without justification to limit its market entry.
The rules aim to protect fair competition and give affected traders a route to challenge harmful conduct.
Saudi Arabia’s Ministry of Commerce urged businesses and traders to follow fair competition rules and avoid harming competitors.
The ministry said misleading practices and false claims about competitors can damage trust in their products and their business reputation.
Affected traders can ask a court to stop harmful practices or prevent imminent ones, and seek financial compensation.
The Competition Law bars dominant businesses from practices such as selling below cost to drive out competitors or restricting supply to raise prices.
- Who
- Saudi Arabia’s Ministry of Commerce addressed businesses and traders.
- What
- It urged compliance with fair competition rules and outlined options for traders harmed by violations.
- When
- 2026-11-02.
- Where
- Saudi Arabia; the ministry issued its message through its website on X.
- Why
- To prevent harm to competitors and enforce fair competition under the new Commercial Transactions System and Competition Law.
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- Announcement date
- 2026-11-02
- Issuing body
- Saudi Ministry of Commerce
- Affected traders’ option
- Ask a court to stop harmful practices or prevent their imminent occurrence
- Compensation
- Traders may seek financial compensation for business damages
- Prohibited practice
- Dominant businesses selling below cost to drive competitors out of the market