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7/15/24, 3:22 PM UAE Introduces New Competition Law to Curb 'Very Low' Pricing Tactics
Penalties for violating the new competition law are under review and will be released upon
Cabinet approval. The law also assigns new responsibilities to the Competition Regulation
Committee, including proposing general policies for protecting competition and making
recommendations on the application of the law's provisions.
News Source: Khaleej Times
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