Page 566 - MOE ENGLISH PR REPORT - JULY 2024
P. 566
7/15/24, 3:25 PM UAE introduces new competition law banning 'very low' pricing practices
UAE introduces new
competition law banning 'very
low' pricing practices
The ministry will oversee and collaborate with local authorities to
conduct inspections, ensuring fair and competitive practices across the
country.
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By
Web Desk
The United Arab Emirates (UAE) has
enacted Federal Decree-Law No. 36 of
2023 to regulate competition and prevent
monopolistic practices. This new
legislation aims to ensure fair competition,
protect consumer interests and foster an
https://madhyamamonline.com/middle-east/uae/uae-introduces-new-competition-law-banning-very-low-pricing-practices-1307909 1/3
