Riyadh, October 2, 2025 – Saudi Arabia’s General Authority for Competition (GAC) has fined 24 companies a total of SAR 17.2 million (approximately $4.6 million) for collusion and coordination in government tenders. The GAC detected […]
Tag: Saudi Arabia
General Authority for Competition
Saudi Competition Authority Grants Conditional Approval for Glass Industry Merger
Saudi Competition Authority Grants Conditional Approval for Zoujaj-SAGCO Merger On February 2, 2024, the Saudi General Authority for Competition (GAC) conditionally approved National Glass Industries Company (Zoujaj)’s acquisition of 100% of Saudi Arabian Glass Company […]
Saudi Authority Launches Criminal Investigations in Poultry, IT Sectors
The Competition Authority’s Board of Directors has initiated criminal proceedings against four establishments in the broiler and egg poultry sector for violating the competition law and its executive regulations, the agency said in a press […]
Dr. Fahad Al-Shathri Appointed Head of Saudi Arabia’s Competition Authority
Dr. Fahad Al-Shathri, a renowned economist and former senior leader at the Saudi Central Bank, has been appointed head of Saudi Arabia’s General Authority for Competition, the authority announced on 17 November. With a PhD […]
Saudi Competition Authority Sanctions Three Companies for Bid Rigging
The General Authority for Competition (GAC) in Saudi Arabia has fined three companies (12 November) for violating the Competition Law by engaging in bid rigging during government tenders. Rukn Al-Tasafi General Contracting Company, Manar Al-Madun […]
