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The Competition Authority is working to amend the antitrust law

Al-Thawra newspaper quoted Anwar Ali, director-general of the Competition and Antimonopoly Authority, as saying that the Authority is studying the amendment of the competition law in consultation with all economic actors and NGOs, thus activating the role of the Authority and avoiding the gaps that existed previously, especially some criticisms of the competition law National production and the activation of national capacities in the field of competition law and policy. He pointed out that the amendments to the competition law enrich the law and give it great flexibility by focusing on supporting the national agencies charged with implementing the law. The most important thing in the amended law is to give priority to sharing and exchange ideas, ideas, information and studies related to the market such as studying complaints, market movement and economic concentration, Competition. "The amendment emphasizes securing and providing guarantees of information obtained from businesses that contain legitimate trade secrets to protect their confidentiality as well as protecting the identity of persons who provide information to competition authorities to protect them from economic retaliation and finally protect the deliberationsundefined The Government and the Competition Council in respect of ongoing matters and incomplete issues. undefined