Competition Regulation Law

Article 2 — Article (2) Objectives of the Decree-Law

This Decree-Law is intended to protect and enhance competition and combat monopolistic practices through the following: 1. Providing a stimulating environment for undertakings to enhance effectiveness, competitiveness and consumer's interest and achieve a sustainable development in the State; and 2. Maintaining a competitive market governed by market mechanisms, in line with the principle of economic freedom, by prohibiting agreements, conducts and acts that constitute abuse of a dominant position, monitoring all economic concentrations and avoiding any act that would distort, lessen, restrict or prevent free competition.

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