Saudi Arabia adds 3,202 new sites to national urban heritage register    Saudi Arabia and Italy sign MoU to boost energy cooperation    US markets watchdog sues Musk over Twitter stake disclosure    Israeli airstrikes kill 17 Palestinians in central Gaza as ceasefire negotiations continue in Doha    Composer Arnold Schoenberg's archive destroyed in LA fires    South Korean president arrested after weekslong showdown    UK minister resigns after pressure over anti-corruption probe in Bangladesh    US to remove Cuba from state sponsors of terror list    LA fire victims fear new housing crisis    Saudi Arabia reaffirms Syria must be free from any aggression on its sovereignty    Saudi crown prince and Brazilian president discuss over phone ways to enhance relations    Saudi's first pro boxer Ziyad Almaayouf set for monumental Riyadh return during Riyadh Season    Hajj minister: Over 18.5 million foreign pilgrims perform Hajj and Umrah in 2024 Annual Hajj Conference and Exhibition kicks off at Jeddah Superdome    Spain plans 100% tax for homes bought by non-EU residents    Record label takes legal action against K-pop band    Meghan Netflix show delayed over LA wildfires    Al Hilal thrash Al Orobah 5-0 to reclaim Roshn Saudi League top spot    Al Ittihad held to 1-1 draw by Al Fayha, lose Saudi League top spot    Al Orobah sign Saudi Pro League's all-time top scorer Omar Al Somah    Oscar nominations postponed because of LA fires    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GAC to file criminal lawsuits against 43 car agents and distributors
Published in The Saudi Gazette on 17 - 09 - 2023

JEDDAH — The Saudi General Authority for Competition (GAC) revealed its move to file lawsuits against 43 establishments of car agents and distributors and against 24 establishments in a number of other sectors for committing violations of the Competition Law.
The authority said in a statement that it reviewed the results of the investigation in the automobile, spare parts, and after-sales services sector, which included 128 investigations against 70 establishments, and decided to initiate criminal cases against 43 establishments, while investigations are continuing with regard to other firms in the sector.
The GAC approved settlement requests from four establishments, after reviewing the results of the study and investigation in the contracting sector. The authority took the necessary measures against nine establishments by correcting their status and stopping the agreement on pricing. It also decided to file criminal lawsuits against three establishments on suspicion of violating the Competition Law and its executive regulations.
The authority reviewed the results of the study and investigation of six establishments operating in the information technology sector on suspicion of collusion in projects amounting to SR7.7 million and decided to file criminal lawsuits against them for violating the Competition Law.
The GAC studied the results of the investigation into the suspected collusion of five firms that submitted bids for projects of the Ministry of Health, amounting to SR432800, and decided to file lawsuits against these firms.
Based on the results of an investigation into the collusion of eight establishments that submitted their bids in manufacturing projects of a major company with a value amounting to SR600 million, the authority decided to initiate lawsuits against six establishments, as well as to study settlement requests from two establishments. It also agreed to grant judicial immunity to an establishment that took the initiative to expose the accomplices and provided supporting evidence.
The authority also reviewed the results of the investigation into an agreement between three major pharmacies and four retail markets to unify the prices of a health product for children, and decided to file lawsuits against those establishments on suspicion of violating the law.
The board of directors of the authority agreed to take measures to investigate, search, and gather evidence from a number of establishments, which are suspected of violating articles of the law in several economic activities, including professional, scientific, and technical activities, information and communications, and accommodation and food services


Clic here to read the story from its source.