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Competition System Irregularities Cases Value Exceeds SR 135 Million in 2014 3 Riyadh

Qasim reviewed the Council's achievements to organize and promote the principle of fair competition and provide a stimulating investment environment for all sectors, pointing out that the Council continued its efforts to strengthen its role, through the amendment of some articles of the competition system of its 12th and 15th articles that have been amended to enhance competition strategy.
He added that this gives a clear indication of the keenness of the higher authorities to draw the attention of the business community to the competition's sensitive causes due to their big impact on the national economy, pointing out to the adjusted executive rule of competition system issued by the Council to amend some of its articles and integrate the organizational regulations into the executive rule to be more pronounced in the interpretation of the system for the achievement of its objectives.
Dr. Al-Qasim also confirmed the Council's keenness to develop new electronic services such as "Their Concentration Concerns Us", a service provided by the Council for the private sector and concerned to express their points of views about the economic concentration requests received by the Council through which they will be allowed to present their views and proposals as well as the implications of the completion of economic concentration's process.
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12:33 LOCAL TIME 09:33 GMT
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