Criminal Enforcement in Saudi Arabia's Competition Policy Against Cartels: With Comparative Insights into International Regulations

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Friday, May 31, 2024
Author: 
Aljohrh Al Abdulsalam
Volume: 
40
Issue: 
6
Abstract: 

           Saudi Arabia has lately developed into a vibrant and fast-expanding economy that seeks to diversify and attract investment in various sectors, such as healthcare, education, tourism, infrastructure, and technology.  As the Kingdom's economic environment evolves, competition has become a critical engine of development, innovation, and welfare standards. Recognizing the importance of fair market processes, Saudi Arabia has taken serious action to address anticompetitive activity, notably cartels.