News In particular the suspension of services. The Competition Authority clarifies the mechanism of obliging companies to pay fines



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General Competition AuthorityThe director of legal affairs of the General Authority of Competition, Abdulaziz Al-Obeid, said that there was a mechanism forcing companies fined for violation of the new competition system to pay the company. fine, including the suspension of services.

Al Obaid explained that the Authority was addressing the institution in violation so that it paid the fine imposed on it within 30 working days from the date of notification of the fine.

According to Al-Eqtisadiah, the Authority will address the emirate of the region, and then contact SAMA and other parties to set up the implementation mechanism in case of non-payment of violent establishments after having warned them.

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