Competitors Authority identifies potential violations in Saudi Arabia’s automotive sector

by ADeeL

Saudi Gazette report

RIYADH — The Normal Authority for Competitors (GAC) has monitored a variety of doable violations of the Competitors Regulation within the automotive sector.

This has been revealed following investigations performed by the authority after implementing a complete analytical examine of provide chains within the automotive sector, in cooperation with a variety of specialists within the discipline.

The analytical examine has included retail gross sales, spare elements, and after-sale service.

This comes with the intention to determine market constructions, the habits of institutions working out there, and its affect on competitors. The examine relies on noticed practices which may be dangerous to competitors within the automotive sector, spare elements, and after-sale service.

After figuring out potential violations, GAC performed in depth investigations within the sector, together with provide chains, primarily based on the Competitors Regulation, which prohibits all types of agreements between institutions, and any practices that might prejudice competitors or have an effect on client welfare within the automotive sector and associated actions.

GAC confirmed that it’ll take authorized measures to provoke felony instances relating to the noticed violations.

The authority referred to as on all institutions working within the automotive sector to adjust to the Competitors Regulation and the significance of correcting their standing to make sure compatibility with the rules of truthful competitors.

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