Article 26 of the Saudi Competition Law

المادة 26 من نظام المنافسة

The article provides that the current Competition Law replaces the previous Competition Law issued by Royal Decree No. M/25 dated 4/5/1425 AH.

Official text (Arabic)

This article has not been amended since the law was issued.

يحل النظام محل نظام المنافسة، الصادر بالمرسوم الملكي رقم (م / 25) وتاريخ 4 / 5 / 1425هـ.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Article 26 explained in plain English

This is a transitional article that sets out the relationship of the current Law to the Law that preceded it.

There was a competition law issued by Royal Decree No. M/25 dated 4/5/1425 AH.
This new Law replaces it, that is, it becomes the law applied in competition matters in place of the previous Law.

The practical effect is that the reference for competition provisions, such as the prohibition of agreements that undermine competition, abuse of a dominant position, notification of economic concentration and the penalties, is this Law with its current articles.

This article did not address the treatment of cases or proceedings that began under the previous Law, so no ruling for those situations is inferred from it. Article 27 provides that the Board issues the Regulations within 180 days of the date of publication of the Law and that they take effect from the date it takes effect.

If you have a matter that arose during the period of the previous Law, you are advised to consult a lawyer specialized in competition and commercial cases to determine which law applies.

Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.

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