Article 27 of the Saudi Competition Law
المادة 27 من نظام المنافسة
The article requires the Authority's Board to issue the Implementing Regulations of the Competition Law within 180 days of the Law's publication in the Official Gazette, to take effect from the date the Law takes effect.
Official text (Arabic)
This article has not been amended since the law was issued.
يصدر المجلس اللائحة خلال (مائة وثمانين) يوماً من تاريخ نشر النظام في الجريدة الرسمية، ويعمل بها من تاريخ نفاذه.
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 27 explained in plain English
Many provisions of the Competition Law refer their details to the Implementing Regulations, including what Article 1 provides, that the Regulations determine the percentage of market control in the definition of dominant position, and the controls and criteria of economic concentration. This article shows who issues the Regulations and when:
- The competent body: the Board, that is, the board of directors of the General Authority for Competition as defined in Article 1.
- The deadline: within 180 days of the date of publication of the Law in the Official Gazette.
- When they take effect: from the date the Law takes effect.
Article 28 provides that the Law takes effect 180 days after the date of its publication in the Official Gazette. This means the period for issuing the Regulations matches the period for the Law to take effect, so the Law and its Regulations begin to apply together.
Because the Regulations contain many practical details (such as controls, procedures and financial thresholds), it is important for establishments to refer to them along with the Law. This article does not state the content of the Regulations, but only regulates their issuance. To learn the requirements of the Regulations that apply to your establishment, you can consult a lawyer specialized in competition and commercial cases.
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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Frequently asked questions about Article 27 of the Saudi Competition Law
Who issues the Implementing Regulations of the Competition Law?
The board of directors of the General Authority for Competition issues them.
When do the Implementing Regulations of the Competition Law take effect?
The Board issues them within 180 days of the date of publication of the Law in the Official Gazette, and they take effect from the date the Law takes effect.
More articles on General Provisions of the Competition Law
- Article 1
The article defines the key terms of the Competition Law, such as establishment, market, dominant position, economic concentration, the Authority and the Committee.
يقصد بالمصطلحات الآتية -أينما وردت في هذا النظام- المعاني المبينة أمام كل منها، ما لم يقتض السياق غير ذلك: النظام: نظام المنافسة. الهيئة: الهيئة العامة للمنافسة
- Article 2
The article explains that the Competition Law aims to protect and encourage fair competition and combat monopolistic practices, in order to improve the market environment and develop the economy.
يهدف النظام إلى حماية المنافسة الــعادلة وتشجيعها، ومكافحة ومنع الممارسات الاحتكارية التي تؤثر على المنافسة المشروعة أو على مصلحة المستهلك؛ بما يؤدي إلى تحسين ب
- Article 3
The article sets the scope of the Competition Law as establishments inside the Kingdom and external practices affecting it, excludes exclusively authorized government bodies, and makes the Authority the primary competent body.
1- مع عدم الاخلال بما ورد في الأنظمة الأخرى, تطبق أحكام النظام على ما يأتي: أ- جميع المنشآت داخل المملكة. ب- الممارسات التي تقع خارج المملكة, ذات الأثر المخل با
- Article 4
The article provides that prices of goods and services are subject to market rules and free competition, except those priced by a Council of Ministers decision or under a law.
تكون أسعار السلع والخدمات وفقاً لقواعد السوق ومبادئ المنافسة الحرة، عدا أسعار السلع والخدمات التي تحدد بناءً على قرار من مجلس الوزراء، أو بموجب نظام.
- Article 26
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.
يحل النظام محل نظام المنافسة، الصادر بالمرسوم الملكي رقم (م / 25) وتاريخ 4 / 5 / 1425هـ.
- Article 28
The article provides that the Competition Law takes effect 180 days after the date of its publication in the Official Gazette.
يُعمَل بهذا النظام بعد (مائة وثمانين) يوماً من تاريخ نشره في الجريدة الرسمية.
The texts are reproduced from the official website of the Bureau of Experts at the Council of Ministers for reference; where they differ, the officially published Arabic text prevails. This content is not legal advice.