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7/15/24, 3:24 PM UAE announces new competition law prohibiting firms from offering ‘very low’ prices - Informal Newz - Gulf
and programmes to make the UAE a global hub for the new economy within the next decade.
The law assigns new responsibilities to the Competition Regulation Committee as well such as
proposing the general policy for protecting competition and scrutinising issues related to the
application of the provisions of this law and making recommendations.
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